#USCorePCEMay 🔍 Context & Impacts

Economists & Markets: May’s reading shows persistent underlying inflation, particularly in services, which surprised many forecasts

ctol.digital

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Federal Reserve: Core PCE staying above 2.5% complicates the case for near‑term rate cuts. Despite headlines, Fed officials are cautious on the heels of tariffs, warning inflation could pick up later this summer .

Consumer Behavior: May also saw a 0.1% drop in spending and a 0.4% decline in personal income, pointing toward slowing consumer activity

investing.com

+15

reuters.com

+15

cnbc