Important Day Report

📉Today, data on consumer spending in the USA PCE is released — a key inflation indicator for the Fed

📊Expectations are 2.9%

🔴If PCE > 2.9% this is a bearish signal for the market

🟢If PCE = 2.9% this is positive as the figure matches last month

📈If PCE < 2.9% this is a very optimistic scenario for the market

🟣🟢🟠

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