U.S. Department of Labor Releases April PCE Price Index on May 28

GateNews
According to the U.S. Department of Labor, the April Personal Consumption Expenditures (PCE) price index will be released on May 28 at 8:30 a.m. ET. The PCE, a broader inflation gauge than CPI that the Federal Reserve closely monitors, is expected to reflect price pressures following the Middle East conflict. Prior data showed April core CPI and core PPI exceeded expectations, intensifying inflation concerns. If the PCE similarly surpasses forecasts, it could amplify inflation expectations and potentially tighten liquidity in risk assets.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments