The Impact of Core PCE on Market Trends
As the US economy experiences a gradual slowdown, investors are closely monitoring the Federal Reserve’s decisions regarding interest rates. While growth remains steady and the labor market stable, the Fed’s recent rate cuts have been driven by concerns over declining inflation rates. One key indicator that investors are watching closely is the core Personal Consumption Expenditure (core PCE) data, which provides valuable insights into the trajectory of inflation.
The Latest Core PCE Data
- Core PCE MoM is expected to increase by 0.2% in August, mirroring the previous month’s data.
- Although core PCE figures lag behind the Consumer Price Index (CPI) report, they hold significant weight in the Fed’s decision-making process.
Investors are eagerly awaiting the release of the latest core PCE data, as it will offer valuable clues about the direction of inflation and potential future Fed actions.
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