PCE report preview
The April personal consumption expenditure report is due on Tuesday, May 30 at 8:30 am ET (1230 GMT). The report has some important numbers on personal income and personal spending but it’s also the Fed’s preferred measure of inflation — the PCE deflator. The recent downtick in prices has caught the Fed off guard and threatens to derail a June 14 FOMC hike. That’s why Tuesday’s report is so huge.
Preview: Three things you need to know about Tuesday’s huge US PCE inflation report
ByAdam Button
May 29, 2017