Bilal Lucky
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$BNB
#USCorePCEMay The Personal Consumption Expenditures (PCE) Price Index rose by 0.1% MoM in May — identical to April. On a YoY basis, headline PCE climbed to 2.3%, slightly higher than last month’s 2.2%, indicating continued inflation pressure. Core PCE, the Fed’s preferred inflation gauge, increased by 0.2% MoM, beating expectations and April’s 0.1%. Annually, core inflation now stands at 2.7%, up from 2.6%, reinforcing concerns about persistent.
#USCorePCEMay The Personal Consumption Expenditures (PCE) Price Index rose by 0.1% MoM in May — identical to April. On a YoY basis, headline PCE climbed to 2.3%, slightly higher than last month’s 2.2%, indicating continued inflation pressure. Core PCE, the Fed’s preferred inflation gauge, increased by 0.2% MoM, beating expectations and April’s 0.1%. Annually, core inflation now stands at 2.7%, up from 2.6%, reinforcing concerns about persistent.
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