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US core PCE inflation data is due Friday, 29 September - the numbers to watch

US core PCE inflation data is due Friday, 29 September - the numbers to watch
The Federal Reserve’s preferred inflation reading for the month of August will be released on Friday along with other data (the ForexLive economic data calendar is free, access it here.) Higher than expected will fuel expectations that perhaps the Fed's rate hike cycle is not yet over and should act as a headwind for risk assets. Vice versa if the data is under. For Core PCE Price indexes the consensus, as you can see in the screenshot above, is for 3.9% y/y and 0.2% m/m. The ranges for each are... Read More
Posted: Sep 29 2023, 00:45
Author Name: forexlive
Views: 112236

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