News Formal

Live Coverage: Core PCE to rock Gold, stocks as markets anxious about AI-driven boom and bust

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Inflation Noticias

Unitedstates,Fed,Dollarindex

After strong US growth data only partially soothed downturn fears, core PCE is on the radar.

The Federal Reserve's preferred inflation gauge is set to fall – but not quickly enough to provide the relief of lower rates. Live coverage. Join FXStreet Premiumto ask our analysts questions live, read exclusive, actionable analysis, and get Gold and signal alerts. Why Core PCE shakes markets The core Personal Consumption Expenditures Price Index is the preferred gauge of inflation for the Federal Reserve – the world's most powerful central bank.

However, it also included an upgraded core PCE component – which caused market participants to fear higher inflation in the core PCE release for June. The Fed holds its rate meeting on July 31, and no interest rate change is expected. However, investors circle September as the time for the bank to cut interest rates.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 14. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Live Coverage: Any change in Core PCE set to shake Gold, US Dollar, stocksCore PCE provides the best estimate of inflation, which is the focus of the Fed.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »