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Markets brace for the PCE inflation report
Original: pce
Traders and economists are focused on the personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge, amid expectations of continued volatility in inflation data. Coverage, including analysis from The New York Times, warns that price pressures may remain uneven, keeping investors cautious about the outlook for interest rates and the broader economy.
Why now: A closely watched PCE inflation report is due, and markets are nervous about what it means for Fed rate policy.
Federal ReserveThe New York TimesUnited States
Evidence
- Stock market today: Dow, S&P 500, Nasdaq futures edge lower ahead of PCE inflation data · Yahoo Finance
- Stocks Rise as US Data and Micron Pose Key Tests: Markets Wrap · Bloomberg.com
- US inflation remained stubborn last month as Iran war continued to lift prices · CNN
- U.S. core PCE rises 0.2% month-on-month in August, cooler than expected · Investing.com
- Bracing for More Inflation Volatility · The New York Times
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