The core PCE price index for the U.S. is expected to rise amid concerns over trade policy.

Market analysts anticipate a 0.1% increase in the U.S. core PCE price index for April, following a stable rate in March. Economists generally agree that while tariffs from U.S. President Donald Trump are expected to have a slight impact on April's price data, the effects of trade policies could become more pronounced next month. In the absence of significant signs of deterioration in the current labor market, Federal Reserve officials are inclined to keep interest rates steady until the impact of trade policy adjustments is fully reflected in economic data.