"Fed Whisperer": April Core PCE Rises Moderately 0.24% MoM, Annualized Rate Still at 2.9%

Odaily Planet Daily News: "Fed Whisperer" Nick Timiraos stated that the core PCE price index rose 0.24% in April. Although this is the mildest month-on-month increase in the past five months, the annualized rate remains at 2.9%. The three-month and six-month annualized core PCE inflation rates stand at 3.8%, while the 12-month change is 3.3%. (Jin Shi)