President Trump "Economic indicators very good"

Minseung Kang

Summary

Reported that President Donald Trump said recent economic indicators are very good.
Stated that the August U.S. core Personal Consumption Expenditures (PCE) price index matched market expectations.
Said that core PCE is a key indicator the U.S. central bank (Fed) refers to for policy decisions such as the policy rate.

U.S. President Donald Trump described the economic indicators as "very good."

On the 26th, according to overseas breaking news channel Walter Bloomberg (Walter Bloomberg), President Trump expressed confidence, saying, "The recently released economic figures are very good."

Earlier that day, the U.S. August core Personal Consumption Expenditures (PCE) price index matched market expectations (2.9%).

Core PCE is an index that excludes the volatile food and energy components. It is regarded as a key indicator the U.S. central bank (Fed) refers to ahead of policy considerations, such as decisions on the policy rate.