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Stock impact report

Fed inflation gauge eases again in May, adding to Autumn rate cut bets [Yahoo! Finance]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Yahoo! Finance
The Bureau of Economic Analysis' PCE Price Index showed core prices rose at an annual rate of 2.6% last month, matching Wall Street's forecast and coming in modestly lower than readings over the past two months and the slowest since March of 2021. On a monthly basis, core pressures were up 0.1%, a slower pace compared with revised April's 0.3% gain that also matched Wall Street's consensus estimate. Markets often key on the bureau's core PCE price index, which the Fed considers a more accurate representation of consumer-price pressures since it blends changes in spending patterns. The headline index, meanwhile, held at an annual rate of 2.6%, matching Wall Street's forecast. Prices were unchanged on the month, the BEA said, following a 0.3% gain in March. Chip Somodevilla/Getty Images The BEA also noted that personal incomes for May rose 0.5%, up from the 0.3% pace in April, reflecting some firmness in the labor market. Spending slowed to a 0.2% rise compared with the 0.1% Show less Read more
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