Currently, the Federal Reserve expects that the core PCE index in June may increase by 0.17% month-on-month compared with May, and the annual rate will remain unchanged at around 2.6%.
The data comes from this month's CPI and PPI data.
According to this data, the core PCE in June is relatively mild. The short-term rebound will be affected by the rapid growth of GDP in the second quarter (most of the historical cycles are like this). As long as the annual rate remains stable and does not rebound, inflation control will still be effective.
This month's core PCE data will be released next Friday. I hope that the data will meet expectations during the period.
