๐ด๐ด HIGH IMPACT โ Friday September 26
PCE Price Index August ๐ฅ biggest of week
๐ 8:30 AM ET ยท Forecast: ~3.5% YoY
The PCE is due on September 26 โ the Fed's preferred inflation gauge. First PCE after the rate hike โ this tells us if the hike is working. Cool PCE = rate hike doing its job = December pause possible. Hot PCE = second hike December confirmed. Most important number of the week. ๐ก๏ธ
UoM Consumer Sentiment Final (September)
๐ 10:00 AM ET
Followed by the final U-Mich Consumer Sentiment. How do Americans feel one week after the first rate hike since 2023 and the death of the CLARITY Act? ๐งญ
#PCE #Inflation #dyor
PCE Price Index August ๐ฅ biggest of week
๐ 8:30 AM ET ยท Forecast: ~3.5% YoY
The PCE is due on September 26 โ the Fed's preferred inflation gauge. First PCE after the rate hike โ this tells us if the hike is working. Cool PCE = rate hike doing its job = December pause possible. Hot PCE = second hike December confirmed. Most important number of the week. ๐ก๏ธ
UoM Consumer Sentiment Final (September)
๐ 10:00 AM ET
Followed by the final U-Mich Consumer Sentiment. How do Americans feel one week after the first rate hike since 2023 and the death of the CLARITY Act? ๐งญ
#PCE #Inflation #dyor