U.S. Department of Commerce announced the U.S. Core PCE Price Index Year-on-Year for June on 2025-07-31. against a forecast of 2.70%, with the prior figure recorded as 2.70%.
Regarding the U.S. Core PCE Price Index Year-on-Year for June, Actual value > Forecast value = Positive for the US dollar, PCE corresponds to "Personal Consumption Expenditures" in Chinese; the core PCE price index is a key indicator of consumer inflation in the United States. It was first introduced by the U.S. Department of Commerce's Bureau of Economic Analysis and was adopted by the Federal Open Market Committee (FOMC) of the Federal Reserve as a major measure of inflation in 2002. In January 2012, the Federal Reserve set a long-term inflation target of 2% for the core PCE year-on-year increase, marking the establishment of a clear inflation target for the Federal Reserve. If the core PCE year-on-year increase exceeds 2%, the Federal Reserve will tighten monetary policy, which is favorable for the dollar.
This data holds an importance level of , calculated using Release monthly and annual rate data, and updates monthly. The next release is set for 2025-08-29 20:30:00.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.
1H | 24H | 7D | 30D | 1Y |
---|---|---|---|---|
0.06% | 1.36% | 36.21% | 42.91% | 72.28% |