---
title: "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"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/288818250.md"
description: "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"
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)
---

# 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

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.

### 相關股票

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

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