Svmuu News: The U.S. core PCE price index for May came in at 3.4% year-over-year, in line with market expectations, marking its highest level since October 2023.
The U.S. core PCE price index for May rose 0.3% month-over-month, compared with an expected 0.30%; the previous reading was revised upward from 0.20% to 0.3%.
The U.S. PCE price index for May rose 0.4% month-over-month, compared with an expected 0.50%; the previous reading was 0.40%. (Jin Shi)