🚨🇺🇸 PCE Inflation – June 2024

•Core PCE MoM: 0.3 % (Forecast: 0.3 %, Previous: 0.1 %)

•Core PCE YoY: 2.8 % (Forecast: 2.7 %, Previous: 2.6 %)

Core inflation rose on both a monthly and yearly basis, signaling persistent price pressures in the economy.

The PCE Inflation (Personal Consumption Expenditures) tracks the price changes of household spending in the U.S. and is the Federal Reserve’s preferred measure of inflation.