PCE指数显示美国通胀放缓 市场调整年内加息预期

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原文发表于美国时间2023-9-29

周五公布的8月个人消费支出(PCE)物价指数数据报告结果好坏参半——这项数据是美联储首选的通货膨胀指标,令投资者们对美联储未来的利率决定悬起心来。

8月PCE数据报告的主要亮点

PCE物价指数7月数据上调至3.4%,2023年8月按年同比升至3.5%,符合市场预期的3.5,并且连续第2个月上涨。

PCE物价指数按月环比上涨了0.4%,较7月的0.2%涨幅有明显的增加,不过低于市场预期的0.5%。

不包括能源和食品在内的核心PCE物价指数从7月的4.2%下降至8月的按年同比增长3.9%,符合市场预期。这是自2021年9月以来最低的核心PCE通胀数据。

核心PCE物价指数按月环比为0.1%,略低于之前的数据和经济学家预期的0.2%。

与此同时,美国商务部经济分析局称,继7月增长0.2%后,2023年8月个人收入增长了0.4%,符合市场预期。个人支出继在7月的按月环比增速上调至0.9%,8月按月环比增长了0.4%,符合市场预期。

在经历了数周的大幅上涨后,美国国债收益率在纽约股市开盘前小幅下跌。 10年期美国国债收益率下跌4基点,降至4.53%。

PCE物价指数公布后,交易员们认为美联储在即将举行的11月联邦公开市场委员会会议上维持利率不变的可能性为85%。市场隐含的12月美联储会议维持利率不变的概率为67%,加息的概率为33%。

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