The US core personal consumption expenditures price index for July came in at 3.3% year over year, unchanged from the previous month and in line with market expectations. Data cited by Jin10 showed the annual reading at 3.30%, matching both the forecast of 3.30% and the prior value of 3.30%. On a monthly basis, July core PCE rose 0.2%, also meeting expectations of 0.20%, compared with a prior reading of 0.10%. The update was carried by PANews, citing Jin10 Data. The original item also stated that the content is provided for market information only and does not constitute investment advice.
The US core personal consumption expenditures, or core PCE, price index rose 3.3% year over year in July, unchanged from the previous month and in line with market expectations.
According to Jin10 Data, the July annual core PCE reading was 3.30%, matching the forecast of 3.30% and the prior reading of 3.30%.
On a monthly basis, the July core PCE price index increased 0.2%. The forecast was 0.20%, while the previous reading was 0.10%.
The original item noted that the content is intended only to provide market information and does not constitute investment advice.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
