Dollar Little Changed after PCE
On Friday, the dollar index remained stable at 104.3 as traders evaluated the US economic prospects in light of impending new tariffs expected to be implemented next week. The latest PCE report highlighted escalating inflationary pressures, with core PCE climbing by 0.4%, exceeding the forecasted 0.3%, while personal spending increased slightly less than projected. Over the week, the dollar saw a marginal rise of 0.2%, yet it continues to show a decline of approximately 3% for the month, amid increasing apprehension that Trump's trade policies might substantially affect the US economy.
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