News list for "Analysts said they expected core"

Some analysts said they expect core PCE inflation in May to record its slowest pace of increase so far this year, which is good news for policymakers. Falling gasoline prices and generally falling commodity inflation will restrain economic growth. But this may only provide a temporary respite for the Federal Reserve, as spending categories with sticky inflation continue to put upward pressure on inflation measures, with an adverse base effect expected in the second half of the year. Analysts sai...

2024-06-26 18:27:07