The USA Equity Index narrowed some of its losses on Friday after the PCE data released by the USA was below expectations, easing some investors' concerns about fewer rate cuts next year. The report from the USA Department of Commerce showed that the inflation Indicator favored by the Federal Reserve, PCE, rose 2.4% year-on-year in November, while economists' expectations were 2.5%. PCE increased by 0.1% month-on-month. Excluding the volatile food and Energy components, the core PCE grew by 2.8%, higher than the expected 2.9%. This Index increased by 0.1% month-on-month.
11月PCE数据公布,美国股指期货跌幅收窄
The PCE data for November was released, and the Equity Index futures in the USA narrowed their decline.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.