Stocks eye PCE, rate cut forecast, retail earnings: 3 Things

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Federal Reserve News

Earnings This Week,Personal Consumption Expenditures,Inflation Gauge Data

Stocks (^DJI, ^IXIC, ^GSPC) are eager to cap off the final trading week of May on a high note ahead of the Federal Reserve's preferred inflation gauge data, ...

Investors pull back their forecasts for potential interest rate cuts in September as more Fed officials seek more clarity from fresh inflation data.Let's get to it with the three things that you need to know this morning, your road map for the trading day that finances Jared Jennifer Shaber and Madison Mills have more.Brad stop features mixed ahead of a busy week for investors with key inflation data in focus markets are poised for strong gains to close out the month.

Thanks to softer inflation readings earlier in May and better than expected earnings reports that help lift market sentiment.Investors are scaling back expectations on whether or not the Federal Reserve will make its first interest rate cut by September Minneapolis, that President Neal Cash Car said in an interview with C NBC Tuesday Central Bank needs to see significant progress on inflation before cutting rates.

Investors will gain more clarity on potentially when the Federal Reserve could begin cutting rates when a personal income and expenditure report is due out on Friday and we'll get a fresh read on the consumer.So best buy and dollar general are many of the retailers set to report their quarterly results coming up in the next couple of days, investors are going to continue to watch closely for any signs that the resilience in consumer spending is dwindling.

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