富国投资：通胀数据仍符合预期 消费者支出走高

Core Viewpoint - The PCE report indicates strong consumer spending growth, exceeding expectations, which aligns with the recently revised GDP report showing increased consumer expenditure [1] Economic Indicators - Both overall and core inflation data met expectations, providing reassurance as these are key indicators closely monitored by the Federal Reserve [1] - The rise in consumer spending, coupled with inflation data meeting expectations, suggests a stable economic environment [1] Market Reactions - Recent stock market volatility is partly attributed to strong economic growth, raising concerns that this may limit future interest rate cuts by the Federal Reserve [1] - The expectation of interest rate cuts has been a significant factor in the market rebound since April 8 [1]