Core Viewpoint - The U.S. personal consumption expenditures (PCE) showed a significant slowdown in April, indicating increased economic uncertainty and a shift towards saving among households [1] Economic Data Summary - In April, U.S. PCE increased by 0.2% month-over-month, a decrease from 0.7% in March [1] - The PCE price index rose by 0.1% month-over-month, while the core PCE price index, excluding food and energy, also increased by 0.1% [1] - Year-over-year, the PCE price index increased by 2.1%, and the core PCE price index rose by 2.5%, both slightly above the Federal Reserve's long-term inflation target of 2% [1] Consumer Sentiment Analysis - The latest data reflects potential anxiety among U.S. consumers regarding the economy, with the previous quarter showing the weakest consumption spending in nearly two years [1] - Despite the increase in tariffs on imported goods not yet being fully reflected in rising prices, consumer confidence has declined, and expectations for personal financial prospects have reached historical lows [1] Monetary Policy Implications - The PCE price index is a key inflation indicator closely monitored by the Federal Reserve, influencing its monetary policy decisions and thus attracting significant market attention [1]
美国4月个人消费支出增长放缓
news flash·2025-05-30 23:23