---
title: "顽固的通货膨胀和服务业的增长推迟了美联储的降息计划"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/288818250.md"
description: "核心个人消费支出（PCE）通胀在四月份上升至 3.3%，超过了美联储 2% 的目标，这主要是由于能源成本的影响。因此，分析师预计美联储将维持高利率，直到明显出现持续的通货紧缩，推迟降息。同时，像 Five Below 和 Target 这样的零售商通过以价值为导向的策略，展现出销售和客流量的韧性"
datetime: "2026-06-05T06:43:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288818250.md)
  - [en](https://longbridge.com/en/news/288818250.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288818250.md)
---

# 顽固的通货膨胀和服务业的增长推迟了美联储的降息计划

Inflation proves sticky: Core PCE inflation rose to 3.3% in April, well above the Fed’s 2% target, as energy-related costs ripple through the economy. Rates to stay high: Analysts expect the Fed to maintain elevated borrowing costs until there is stronger evidence of sustained disinflation, delaying rate cuts. Retailers show resilience: Five Below and Target reported sales and store traffic gains, supported by value-focused strategies and customer engagement efforts.

### 相关股票

- [TGT.US](https://longbridge.com/zh-CN/quote/TGT.US.md)
- [FIVE.US](https://longbridge.com/zh-CN/quote/FIVE.US.md)

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