{"id":47566,"date":"2021-06-25T16:38:00","date_gmt":"2021-06-25T12:38:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47566"},"modified":"2021-06-25T17:45:35","modified_gmt":"2021-06-25T13:45:35","slug":"us-annual-core-pce-inflation-rises-to-3-4-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-annual-core-pce-inflation-rises-to-3-4-in-may\/06\/25\/market-updates\/","title":{"rendered":"US Annual Core PCE Inflation Rises to 3.4% in May"},"content":{"rendered":"\n<p>Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, was 0.4% in May, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index edged higher to 3.9% from 3.6%, compared to analysts&#8217; estimate of 4%.<\/p>\n\n\n\n<p>Stock market futures pointed to a gain of about 150 points for the Dow at the open, while government bond yields were mostly flat.<\/p>\n\n\n\n<p>The increase in the core PCE price index reflects the rapid pace of economic expansion and the resulting price pressures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, was 0.4% in May, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index edged higher to 3.9% from 3.6%, compared to analysts&#8217; estimate of 4%. Stock market futures pointed to a gain of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[7218,6842],"class_list":["post-47566","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-pce","tag-us"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=47566"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47566\/revisions"}],"predecessor-version":[{"id":47567,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47566\/revisions\/47567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30893"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}