U.S. Core PCE Set to Rise Slightly – Trade Tensions Loom
Markets are bracing for a 0.1% uptick in the U.S. Core PCE Price Index for April, signaling persistent inflationary pressure. While March showed stability, economists warn that President Trump’s tariffs—though minimally reflected in April data—could drive bigger ripples in the months ahead. Despite trade uncertainty, the strong U.S. job market is giving the Fed reason to stay steady on rates, opting for a wait-and-see approach as policy shifts take hold.
Key takeaway: Inflation’s slow climb isn’t over. Macro moves are heating up. Stay sharp, stay informed.