Reported 4 months ago
The core Personal Consumption Expenditures (PCE) index for April, excluding food and energy costs, showed a 0.2% rise as anticipated by Wall Street, a slower increase from March's 0.3%. Despite the deceleration, some investors view this data positively as a step in fighting inflation. Analysts suggest this could impact future Federal Reserve rate decisions. For more detailed insights on the report and expert analysis, viewers can watch Yahoo Finance's full episode of Catalysts.
Source: YAHOO