Another major inflation report for this month is the US PCE data, which is also the target of the Federal Reserve. The data will be released at the end of the month. Based on today's CPI and yesterday's PPI, Morgan Stanley economists expect core PCE inflation to grow by 0.247% in April, slightly lower than 0.32% in March. Inflation Insights' analyst Omair Sharif believes core PCE inflation will reach 0.2%. In either case, the year-on-year growth rate will decline, indicating that the Federal Reserve continues to make progress, although not as fast as policymakers would like.
CPI报告后，大摩更新美国4月PCE增速预期
After the CPI report, Damo updated the US PCE growth forecast for April
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.