#PCEMarketWatch
The PCE (Personal Consumption Expenditures) report is an important tool for tracking inflation. It measures how much prices for everyday goods and services are rising for consumers.
The latest report shows that PCE prices went up 2.6% over the past year, and core PCE (which leaves out food and energy) rose 2.8%.
These numbers help guide decisions on interest rates. Investors and analysts are watching closely to guess when the Federal Reserve might cut rates, which can affect the stock market and the value of the dollar.
The PCE report gives key insights into consumer spending and inflation, making it a valuable resource for both investors and policymakers as they plan for the economy's future.
