US Core PCE Price Index YoY is at 2.65%, compared to 2.72% last month and 3.66% last year. This is lower than the long term average of 3.24%. ReportPersonal Income and Outlays CategoryConsumer & Household Statistics RegionUnited States ...
The US core PCE price index rose at an annual rate of 5.0% in the first quarter.The translation is provided by third-party software.The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure ...
NEW YORK (January 26) Gold price (XAU/USD) remains stuck in a tight range as investors await the US Core Personal Consumption Expenditure – Price Index (PCE) for December, which will be published at 13:30 GMT. The core underlying inflation data will provide fresh clues as to whether the...
2024-10-31 Core PCE Price Index YY 2024-10-31 PCE Price Index MM 2024-10-31 PCE Price Index YY 2024-11-01 ISM Manufacturing PMI 2024-11-01 Non-Farm Payrolls 2024-11-01 S&P Global Mfg PMI Final 2024-11-01 Unemployment Rate 2024-11-04 Factory Orders Sep 2024-11-05 ISM N-Mfg PMI...
the demand is fading. Since March, the Fed has lifted rates by 200-basis points. Lifting rates can up the brakes on the economic activity but it can take months for hikes to trickle down through the economy. The core PCE reading could give us a clue as to the Fed’s next move. ...
The core PCE price index has increased 2.0 percent for five straight months. The U.S. central bank left interest rates unchanged last Thursday, but is expected to increase borrowing costs in December for a fourth time this year. In its statement after last week’s policy meeting, the Fed ...
One of the most optimistic speculations is that US inflation can fall below 2% within 2024, thus “disinflation” (disinflation) will trigger the Federal Reserve to cut interest rates sharply. According to Goldman Sachs's December 2023 report, the fall of the US core PCE below 2% in 2024 is...
Consumption Expenditures(PCE), specifically core PCE, and that has been tamer and more strongly supports the disinflation narrative. (Even though some components of PPI filter into PCE, I don’t think January’s higher-than-expected PPI reading will have a significant impact on the next PCE ...
US Q1 GDP was revised upward to +1.4% (q/q annualized) from +1.3%, right on expectations. The Q1 core PCE price index was revised upward by 0.1 point to 3.7% from 3.6%. US May pending home sales unexpectedly fell -2.1% m/m versus expectations of a +0.5% m/m increase. ...
January's Core Personal Consumption Expenditures (PCE) Price Index was potentially an early warning of a nightmare scenario being in the pipeline for policymakers at the Federal Reserve (Fed) but analyst and economist views on the outlook for interest rates and the Dollar inevitably remain far from...