US PCE data (for April)
- Headline (annual). 2.7% Expected: 2.7% YoY. Previous: 2.7% YoY
- Headline (monthly). 0.25% Expected: 0.25% MoM. Previous: 0.3% MoM
- Core (annual). 2.8% Expected: 2.76% YoY. Previous: 2.8% YoY
- Core (monthly). 0.249% Expected: 0.25% MoM. Previous: 0.3% MoM
- US personal income. 0.3% Expected: 0.3% MoM. Previous: 0.5% MoM
- US consumer spending. 0.2% Expected: 0.3% MoM. Previous: 0.8% MoM
- US PCE real personal consumption. -0.1% Expected: 0.1% MoM. Previous: 0.5% previously MoM
US short-term interest-rate futures rise after US PCE data released. Traders are adding bets on Fed rate cuts. Data showed slowed spending and weakening real consumption may be a signal of slightly weakening consumers.
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Source: xStation5
Source: BLS, Macrobond
