Powell: PCE is expected to grow by 2.3% and core PCE by 2.6% over the 12-month period ending in March.
On April 17, Federal Reserve Chairman Powell stated that over the 12-month period ending in March, PCE is expected to grow by 2.3%, and core PCE by 2.6%. The labor market is solid and overall balanced, currently exerting no pressure on inflation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $3,505, total long liquidations on major CEXs will reach $2.158 billion
With IPO Approaching, Grayscale Founder Barry Silbert Returns as Chairman of the Board
Rice Robotics to Launch RICE Token for AI Data Marketplace on TokenFi Launchpad
Data: "Insider Whale" Closed XRP and SOL Short Positions Half an Hour Ago, Accumulating a Loss of $1.644 Million
Trending news
MoreCrypto prices
More
