Today, the latest figures of the Personal Consumption Expenditures (PCE) Price Index, the preferred inflation measure of the U.S. Federal Reserve, were released.
Key figures for May 2025 (expected):
❎Core PCE Price Index month-over-month:
♦️Expectations: Increase of 0.1%
♦️Previous reading (April): 0.1%
❎Core PCE Price Index year-over-year:
♦️Expectations: Increase of 2.6%
♦️Previous reading (April): 2.5%
❎Headline PCE Price Index year-over-year:
♦️Expectations: Increase of 2.3%
♦️Previous reading (April): 2.1%
These expectations indicate a continued slight slowdown in price growth, with core inflation remaining above the Federal Reserve's target of 2%.
Investors are closely monitoring these figures for indications of the potential timing of any interest rate cuts by the U.S. central bank 😎😎.