According to Jinshi data reports, economists expect that the U.S. personal consumption expenditures in April will increase by 0.1% month-on-month and 2.2% year-on-year. Core personal consumption expenditures are expected to increase by 0.1% month-on-month, with an annual growth of 2.6%.
Josh Hirt, an economist at Vanguard Group, stated that due to adjustments in hospital, physician, and insurance services PPI, the PCE data for January and March may be revised upwards. Gene Goldman, Chief Investment Officer at Cetera Investment Management, expects Friday's U.S. inflation data to cool down, but it will not trigger a significant market reaction. He pointed out that short-term data is noisy and still affected by factors such as additional supply and inventory of corporate imports.