The annual rate of the US core PCE price index for March will be released at 22:00 tonight

Mars Finance News: On April 30, the US March Core PCE Price Index year-on-year rate will be announced tonight at 22:00, expected at 2.60%, with the previous value at 2.80%. PCE corresponds to "Personal Consumption Expenditures" in Chinese; the Core PCE Price Index is a key indicator measuring inflation in US civilian consumption, first introduced by the US Bureau of Economic Analysis and adopted by the Federal Open Market Committee (FOMC) in 2002 as a primary inflation measure. In January 2012, the Federal Reserve set a long-term inflation target of 2% for the Core PCE year-on-year growth rate, thereby announcing a clear inflation target. If the Core PCE year-on-year rate exceeds 2%, the Federal Reserve will tighten monetary policy, which would be beneficial to the US dollar. Additionally, the US April ADP Employment Number (in ten thousands) will be announced tonight at 20:15, expected at 11.5, with the previous value at 15.5.