The U.S. Department of Commerce will release the annual rate of the U.S. core PCE price index for April at 20:30 tonight, with an expected rate of 2.5%.

Mars Finance News, on May 30, the U.S. Department of Commerce will announce the U.S. April Core PCE Price Index year-on-year rate at 20:30 tonight, expected at 2.5%, with the previous value at 2.6%. PCE corresponds to "Personal Consumption Expenditures" in Chinese; the Core PCE Price Index is a key indicator measuring inflation in private consumption in the United States, first introduced by the Bureau of Economic Analysis of the U.S. Department of Commerce and adopted by the Federal Open Market Committee (FOMC) of the Federal Reserve in 2002 as a primary indicator of inflation. In January 2012, the Federal Reserve set the 2% year-on-year increase in the Core PCE rate as its long-term inflation target, thereby announcing a clear inflation target. If the Core PCE year-on-year rate rises above 2%, the Federal Reserve will tighten monetary policy, which is favorable for the U.S. dollar. Announced value > predicted value = bullish for the U.S. dollar.