TREE NEWS update: US July PCE price index rose 0.2% MoM and 3.7% YoY, matching expectations, while core PCE held at 3.3% YoY. Consumer spending stalled, supporting the Fed’s case to hold rates, but inflation remains above target.
US July PCE Inflation 3.7% YoY, Supports Fed Pause
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Putin Orders 3-Day Halt of Strikes on Kyiv
1h ago
Kremlin: Putin to Meet US Envoys Witkoff and Kushner on Saturday
1h ago
China’s data chief inspects Inner Mongolia data market reforms
1h ago
Anhui Party Chief Inspects Fusion Energy Development
2h ago
China’s weather agency issues typhoon blue alert for Typhoon Koron
2h ago
BYD Exec: No Discounts, We Export Technology