Reported 3 months ago
On May 30, Wall Street will focus on the release of April's Personal Consumption Expenditures (PCE) index, the Federal Reserve's key inflation measure, alongside a consumer sentiment report expected to show slight improvement. Economists forecast April PCE to rise by 0.1% and a consumer sentiment reading of 51.5, indicating a recent uptick in consumer confidence, while commentary from San Francisco Fed President Mary Daly will also be closely monitored.
Source: YAHOO