The Fed and Inflation: All Eyes on Friday's PCE Report

This Friday, May 30, the U.S. will release key inflation data—the PCE index, which the Federal Reserve focuses on.

Analysts' forecasts:

▪️Overall PCE: 2.2% (year over year)

▪️Core PCE (excluding food and energy): 2.6%

▪️Monthly growth: 0.1%

The PCE report = the key to future Fed policy.

- analysts' opinion