Economist: Core PCE is expected to cool down this week, and the Federal Reserve is expected to cut interest rates by 25 basis points at its June meeting

Odaily Planet Daily News: Ameriprise Financial Chief Economist Russell Price expects overall PCE to grow 0.3% month-on-month in December, and core PCE to grow 0.2% month-on-month, which is consistent with market consensus estimates. Economists generally expect core PCE to continue to decline in the coming months, although sticky service prices still put upward pressure on the index. Russell Price added analysis: "Maintaining a pause is a very rational and reasonable view, and the Federal Reserve is expected to cut interest rates by 25 basis points at its June meeting." (Jinshi)