The US core personal consumption expenditures (PCE) price index rose 0.3% month‑on‑month in June, matching forecasts and up from 0.2% in May. Year‑over‑year, the core PCE increased 3.4%, in line with expectations and above the previous 3.3%. The overall PCE index grew 0.4% month‑on‑month, slightly below the 0.5% forecast, and 4.1% year‑over‑year, edging past the 4.0% estimate. Personal income and spending figures were not disclosed. Initial unemployment claims for the week ending 20 June came in at 225,000, meeting the forecast and down from 226,000 the week before, while continuing claims fell to 1.8 million, below the projected 1.8 million. Durable goods orders slipped, with the overall index missing the 4.3% forecast and core durable goods orders rising only 0.6% versus a 1.1% prior reading. The final first‑quarter GDP growth was reported at 1.6% annualized, matching expectations, and the GDP price index held steady at 3.5%.