--- title: "Quick Review of US PCE Data" type: "News" locale: "en" url: "https://longbridge.com/en/news/279049669.md" description: "U.S. consumer spending in January saw almost no growth, indicating weak household demand and increasing inflationary pressures. Although tax refunds and wage growth may support consumer finances in the coming months, economists warn that high inflation risks from the Middle East conflict and a fragile job market will continue to exert pressure on consumption. Federal Reserve officials expect to maintain interest rates at next week's policy meeting, but if inflation continues to rise, the timing of rate cuts may be delayed" datetime: "2026-03-13T13:02:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279049669.md) - [en](https://longbridge.com/en/news/279049669.md) - [zh-HK](https://longbridge.com/zh-HK/news/279049669.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279049669.md) | [繁體中文](https://longbridge.com/zh-HK/news/279049669.md) # Quick Review of US PCE Data U.S. consumer spending in January saw almost no growth, indicating that household demand remains weak under persistent inflationary pressures. Although the data is lagging, it intensifies concerns about inflation. In the coming months, tax refunds and wage growth are expected to provide some support for consumers' financial situations. However, economists believe that, given the higher inflation risks stemming from the Middle East conflict and a fragile job market, future consumption still faces pressure. While Federal Reserve officials generally expect to keep interest rates unchanged at next week's policy meeting, if inflationary pressures continue to rise, the timing of rate cuts may be delayed, while Trump continues to call for rate cuts ## Related News & Research - [Paper-Based Honeycomb Transit Packaging Market Forecast 2026-2036: Global Market to Reach USD 2.6 Billion by 2036 at 8.0% CAGR](https://longbridge.com/en/news/279036605.md) - [Dr. Reddy’s Flags Phase III Setback as Immutep Halts Key Lung Cancer Trial](https://longbridge.com/en/news/279076056.md) - [54,537 Shares in ProShares UltraPro Short QQQ $SQQQ Purchased by CreativeOne Wealth LLC](https://longbridge.com/en/news/279003427.md) - [IR Japan Denies Decision to End SMBC Trust Bank Alliance](https://longbridge.com/en/news/278972282.md) - [Ericsson leads the 6G journey toward an intelligent fabric at MWC 2026 | ERIC Stock News](https://longbridge.com/en/news/279000259.md)