The Federal Reserve's megaphone: Core inflation will remain low for the third consecutive month in May
2025-06-27 10:41:34
The Wall Street Journal reporter Nick Timiraos, who is known as the mouthpiece of the Federal Reserve, wrote that according to economists who map CPI and PPI to PCE, the core inflation rate in May will remain low for the third consecutive month. Core PCE estimates: + 0.15% (even lower in May 2024, so the year-on-year growth rate will rise to 2.6%); Overall personal consumption expenditure (PCE): + 0.12% (affected by the base effect, rising to 2.3% year-on-year). The annual rate of the core PCE price index in the United States will be released at 20:30 tonight, and many institutions generally expect + 2.6%.
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