According to the data published by the US Bureau of Economic Analysis, the Personal Consumption Expenditures (PCE) Price Index rose 0.1% in June to match May’s reading and stayed unchanged at 1.4% annually to fall short of the market expectation of 1.7%. The core PCE Price Index, which strips volatile food and energy prices, came in at 02% (MoM) as anticipated. Finally, the core PCE Price Index on a yearly basis, the Federal Reserve’s preferred measure of inflation, ticked up to 1.6% from 1.5% in May but missed analysts’ estimate of 1.7%. With the initial market reaction, the US Dollar Index eased from its session highs and was last flat on the day at 98.05. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Personal Income rises 0.4% in June as expected FX Street 4 years According to the data published by the US Bureau of Economic Analysis, the Personal Consumption Expenditures (PCE) Price Index rose 0.1% in June to match May's reading and stayed unchanged at 1.4% annually to fall short of the market expectation of 1.7%. The core PCE Price Index, which strips volatile food and energy prices, came in at 02% (MoM) as anticipated. Finally, the core PCE Price Index on a yearly basis, the Federal Reserve's preferred measure of inflation, ticked up to 1.6% from 1.5% in May but missed analysts' estimate of 1.7%. With the initial market reaction, the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
