U.S. inflation indicators are expected to rise sharply in April

U.S. inflation indicators are expected to rise sharply in April

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Inflation is closely monitored by monetary policy. U.S. Federal Reserve The United States is expected to experience its largest year-on-year increase since the 1990s, which may trigger new concerns about price increases, even though U.S. central bank officials expect price increases to be temporary.

According to a consensus forecast compiled by Refinitiv, the Ministry of Commerce’s core personal consumption expenditure index, excluding fluctuating food and energy costs, is estimated to have increased by 2.9% last month compared with the same period last year, a substantial increase compared with 1.8. Annual growth rate in March.

Economists estimate monthly that core personal consumption expenditures increased by 0.6% from the previous month, compared with 0.4% in March.

This will make the core PCE price index far above the Fed’s 2% target, reaching its highest level since the 1990s.

The PCE price index may soar Issue a new alert Due to the flu pandemic, demand has surged and price increases have hindered the recovery of the United States.but Fed officials It has been shown that they believe that the factors driving this change are mostly temporary, such as heavy fiscal stimulus measures and supply chain bottlenecks, and that inflation is likely to fall back later this year.

Since last year, the Fed has adopted a more tolerant attitude inflationEfforts will be made to achieve a slightly higher price increase compared to the target to compensate for years of low inflation and to promote full employment more vigorously.

But U.S. Central Bank officials also insisted that if recorded inflation or inflation expectations seem to be out of control, they are prepared to take action.

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