June Core PCE Hits 3.3% as Consumption and Pricing Surge

Macro Impact 4
โดย Zacks Investment Research·Read original
Summary · why it matters

The core Personal Consumption Expenditures price index rose 3.3% year-over-year in June, while consumption jumped to 3.2% and pricing accelerated to 6.2%. The headline PCE index was flat month-over-month at -0.1%, matching expectations, and the year-over-year rate eased to 3.7%. Personal income grew 0.2%, missing the 0.3% estimate, while spending met the 0.3% forecast. Initial jobless claims came in at 197,000, the second straight week below 200,000, and continuing claims held at 1.782 million.

Impact on stocks 1

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