#USCorePCEMay #USCorePCEMay Today, the latest figures for the Personal Consumption Expenditures (PCE) price index have been released, which is the preferred measure of inflation for the U.S. Federal Reserve.
Key figures for May 2025 (forecasts):
❎Core PCE Price Index on a monthly basis:
♦️Forecast: increase of 0.1%
♦️Previous reading (April): 0.1%
❎Core PCE Price Index on an annual basis:
♦️Forecast: increase of 2.6%
♦️Previous reading (April): 2.5%
❎Headline PCE Price Index on an annual basis:
♦️Forecast: increase of 2.3%
♦️Previous reading (April): 2.1%
These forecasts indicate a continued slight slowing of price growth, with core inflation remaining above the Federal Reserve's 2% target.
Investors are closely monitoring these figures for hints on the potential timing of any interest rate cuts by the U.S. central bank😎😎.