The U.S. April Core PCE Price Index rose by 3.3% year-on-year, reaching a near two-and-a-half-year high.

BlockBeats News, May 28, the US core PCE price index for April showed a year-on-year increase of 3.3%, in line with expectations of 3.30% and surpassing the previous value of 3.20%. The April core PCE price index registered its highest level since November 2023, in line with market expectations. (FXStreet)