📊 #PCEInflationWatch – a signal for the market or a noise in the background?
The main inflation indicator, PCE (Personal Consumption Expenditures), is back in focus. Why is it important? It is the Fed’s favorite indicator for assessing inflation, which influences its rate decisions. The higher the PCE, the tighter the Fed’s policy can be, which is a threat to the markets.
🔥 Will we see a decline in the indicator, which will give hope for a rate cut in 2024? Or is inflation holding strong and the market preparing for another challenge?
The stakes are high, so we are following the data! Do you think the PCE will surprise this time? 📉📈
