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27th May 2022 00:20U.S., Daily Monitor

Core PCE inflation fell on a year-over-year basis in April, but the monthly print is a tricky call.

Real consumption spending rebounded after a flat March, led by autos and discretionary services.

The goods trade deficit appears to have plunged in April; is the inventory rebuild coming to an end?

airline fares auto sales core pce core pce deflator core pce inflation cpi deficit energy gdp growth goods deficit imports July March May net trade October pce pce inflation policymakers real consumption rent sales numbers savings trade trade deficit wages

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