<div id="readability-page-1">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.</div>

塔吉特

FIVE

<p>核心個人消費支出（PCE）通脹在四月份上升至 3.3%，超過了美聯儲 2% 的目標，這主要是由於能源成本的影響。因此，分析師預計美聯儲將維持高利率，直到明顯出現持續的通貨緊縮，推遲降息。同時，像 Five Below 和 Target 這樣的零售商通過以價值為導向的策略，展現出銷售和客流量的韌性</p>

Stubborn inflation and services growth push back Fed cuts

- 核心 PCE 通脹在 4 月升至 3.3%，遠超美聯儲 2% 的目標。  
- 分析師預計美聯儲將維持高利率，直至出現持續性通脹減弱的證據。  
- Five Below 和 Target 的銷售及門店流量增長，得益於注重價值的策略。

頑固的通貨膨脹和服務業的增長推遲了美聯儲的降息計劃