The US third-quarter PCE Price Index preliminary value hit a recent high, rising 0.3 percentage points month-on-month to 2.7%, a significant increase from the 2.4% in the previous reporting period. According to the latest economic data, the upward trend of this indicator warrants market attention, reflecting a moderate rebound in inflationary pressures.
As a key inflation measure closely watched by the Federal Reserve, the PCE Price Index's movement often influences monetary policy expectations. The upward revision of this data indicates that inflation levels are higher than previously anticipated, which could have a chain reaction effect on asset prices in the current macroeconomic context.
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The US third-quarter PCE Price Index preliminary value hit a recent high, rising 0.3 percentage points month-on-month to 2.7%, a significant increase from the 2.4% in the previous reporting period. According to the latest economic data, the upward trend of this indicator warrants market attention, reflecting a moderate rebound in inflationary pressures.
As a key inflation measure closely watched by the Federal Reserve, the PCE Price Index's movement often influences monetary policy expectations. The upward revision of this data indicates that inflation levels are higher than previously anticipated, which could have a chain reaction effect on asset prices in the current macroeconomic context.