Inflation, PCE and April
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The latest PCE data confirms cooling inflation, but tariff concerns and Fed caution dampen the impact. Check out where market opportunities may still emerge.
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four years.
April's PCE report signals disinflation as core PCE rises 0.1% MoM. Service inflation eases, but housing risks remain.
The core PCE data, a key inflation measure, is anticipated to impact market sentiment and could influence future Federal Reserve rate decisions.
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U.S. PCE inflation is 2.1% in April, fueled by higher social benefits and wages. The data has led to the crypto market's cautious reaction.
Investors will eye a range of data and reports in the remainder of this week to see how the trade war has affected the economy, household sentiment and policymakers' thinking. Key reports include two Friday morning updates: an April readout of the bank's preferred inflation gauge,