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US April PCE core inflation 4.7% vs 4.6% expected

Prior was +4.6%PCE core MoM +0.4% vs +0.3% expectedPrior MoM +0.3%Headline inflation PCE +4.4% vs +4.2% priorDeflator MoM +0.4% vs +0.1% priorConsumer spending and income for April:Personal income +0.4% vs +0.4% expected. Prior month +0.3%Personal spending +0.8% vs +0.4% expected (prior +0.0%)Real personal spending +0.5% vs 0.0% priorInflation is a problem and the consumer remains red hot. The Fed is going to hike again and now the odds are 58-42% for June and July is 100% with a slight chanc... Read More

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April

Core

Inflation

Expected

Forex

Posted: May 26 2023, 12:30

Author Name: forexlive

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