#美国经济指标分析# Latest data shows that the core PCE price index in the U.S. rose 2.8% year-on-year in June, while consumer spending has nearly stagnated. This persistent high inflation alongside weak consumption undoubtedly poses challenges for the Fed's policy-making. Analyzing this set of data reveals that the economy is at a delicate balance point. Inflationary pressures remain, but there is insufficient consumer momentum, which may indicate a weakening of economic growth momentum. Moving forward, it is crucial to closely follow employment market data and corporate profit conditions to determine whether this trend will further develop. For investors, asset allocation strategies in this economic environment may need to be more cautious and flexible.