Economists: The year-on-year core inflation indicator PCE is expected to improve in April.

GateUser-6433627c · 2025-05-15T16:54:44+00:00

The Federal Reserve's core inflation indicator may hit a new low, with the core PCE year-on-year expected to be 2.5% in April, the lowest level since 2021. Federal Reserve Chairman Powell also pointed out that the April PCE could be around 2.2%.

GateUser-6433627c

2025-05-15 16:54:44

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On 16 May, the Fed’s favored measure of core inflation is likely to fall to its lowest level since 2021 in April’s data. Excluding volatile food and energy prices, core PCE could fall to 2.5% y/y in April from 2.6% in March. This would be the lowest level since March 2021, just before the pandemic-era spike in inflation really began. ( )BlockBeats previously reported that Fed Chair Jerome Powell said today that the PCE could be around 2.2% in April.

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