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🚨ALL EYES ON PCE: The Fed’s preferred inflation gauge is due at 8:30 a.m. ET, offering a crucial update on U.S. price pressures after the recent market pullback.
Headline PCE inflation is expected to ease to 3.6%, while core inflation is forecast to remain unchanged at 3.3%.
A cooler-than-expected reading could strengthen expectations that the Fed will keep rates on hold, potentially supporting another rally across stocks, gold and crypto as Treasury yields fall.
A hotter print, however, could revive rate-hike concerns and extend the correction.
The data will also set the tone for Fed Chair Kevin Warsh’s closely watched Jackson Hole speech on Friday.
$SOL $TAO $ETH
🚨ALL EYES ON PCE: The Fed’s preferred inflation gauge is due at 8:30 a.m. ET, offering a crucial update on U.S. price pressures after the recent market pullback.
Headline PCE inflation is expected to ease to 3.6%, while core inflation is forecast to remain unchanged at 3.3%.
A cooler-than-expected reading could strengthen expectations that the Fed will keep rates on hold, potentially supporting another rally across stocks, gold and crypto as Treasury yields fall.
A hotter print, however, could revive rate-hike concerns and extend the correction.
The data will also set the tone for Fed Chair Kevin Warsh’s closely watched Jackson Hole speech on Friday.
