Market Watch: All Eyes on the Fed’s PCE Data Tonight
The Federal Reserve’s inflation gauge, the Personal Consumption Expenditures (PCE) index, is going to air tonight at 8:30 PM ET (5:30 AM PKT, Sept 27).
Even small surprises in the PCE can shake up global markets. Crypto traders are bracing for volatility, as the data could reset expectations for Fed policy and interest rates. Meanwhile, gold has stayed elevated this week, signaling caution, while equities and digital assets are lining up for a potential bull vs. bear showdown.
For crypto, this release could be the spark that drives short-term swings in BTC, ETH, and altcoins, depending on whether inflation looks sticky or cooling.
Stay sharp, manage your risk, and be ready, the next few hours could set the tone for the markets heading into Q4.
