The Federal Reserve (FED) spokesperson predicts: Core PCE in May may remain low for three consecutive months.

robot
Abstract generation in progress

[Golden Finance] Nick Timiraos, a reporter for the Wall Street Journal known as a mouthpiece for the Federal Reserve, stated that according to economists who map CPI and PPI to PCE, the core inflation rate in May is expected to remain low for the third consecutive month. Core PCE estimate: +0.15% (even lower in May 2024, thus the year-on-year growth rate will rise to 2.6%); total personal consumption expenditures (PCE): +0.12% (affected by base effects, year-on-year rise to 2.3%). The annual rate of the U.S. core PCE price index for May will be announced tonight at 20:30, with many institutions generally expecting a value of +2.6%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
Blockblindvip
· 06-30 09:43
The low position is not low either, GDP is going to collapse.
View OriginalReply0
NFTHoardervip
· 06-29 18:15
Again bearish, I'm tired, I'm tired.
View OriginalReply0
rekt_but_vibingvip
· 06-29 00:18
What's going on, everything has started to rise?
View OriginalReply0
0xSherlockvip
· 06-27 21:27
Data will be fine, just wait and see.
View OriginalReply0
WhaleWatchervip
· 06-27 11:15
The water is too shallow, I can see the bottom.
View OriginalReply0
fren.ethvip
· 06-27 11:14
Tonight's data will reveal who is right.
View OriginalReply0
AirdropLickervip
· 06-27 11:09
Inflation falls, btc rises, just do it.
View OriginalReply0
LiquidatedDreamsvip
· 06-27 10:50
Data looks good, but the market is hard to predict. Seamless arbitrage between futures and spot.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)