US PCE released❣️

Personal consumption expenditure price index PCE deflator

Overall, year-on-year: 2.7%, financial estimates 2.7%/Prior 2.7%

Month-on-month: 0.3%, financial estimates 0.3%/Prior 0.3%

Core, year-on-year: 2.8%, financial estimates 2.8%/Prior 2.8%

Month-on-month: 0.2%, financial estimates 0.3%/Prior 0.3%

Overall, as expected results. Attention to the impact on the future rate cuts at the June FOMC meeting. Focus on the changes in interest rates.

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