The US core PCE price index for December will be released at 21:30 Beijing time next Monday. Analysts say this time, although the Federal Reserve raised interest rates multiple times in 2017, U.S. inflation data has not been optimistic, which is one of the reasons why the U.S. do

The U.S. core PCE price index in December will be announced at 21:30 Beijing time next Monday (January 29). As one of the important indicators for observing changes in U.S. inflation, the PCE price index, especially the core PCE price index in December, will be released. It has always been a data that the market focuses on every month.

Analyst This time, although the Federal Reserve raised interest rates many times in 2017, U.S. inflation data has not been optimistic. This is one of the reasons why the U.S. dollar index has weakened in the past half year, although the influence of this data has increased in recent months. has declined, but investors still need to pay attention.

The current market expectation is that the core PCE price index in the United States will increase by 1.6% in December, which is more optimistic than the 1.5% in November.

analysts analyzed that if the data is in line with expectations or better than expected, it is expected to provide some support to the US dollar; but if the data performs poorly, the US dollar may continue its decline.

The core PCE price index was first launched by the Bureau of Economic Analysis of the U.S. Department of Commerce and was adopted by the Federal Open Market Committee (FOMC), the decision-making body of the Federal Reserve, in 2002 as a major indicator of inflation. PCE is the abbreviation for Personal Consumption Expenditures Deflated Index (CTPIPCE).

Unlike the Consumer Price Index (CPI), which is based on a basket of fixed goods, the Personal Consumption Expenditure (PCE) deflator is used to find the average increase in the prices of all domestic personal consumer goods and can reflect consumer purchases due to price changes. Prices of substitute products.

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According to analysts, PCE deflation is considered to be a more comprehensive and stable measure of U.S. inflation and has attracted the attention of the Federal Reserve.