The US core PCE annual rate is expected to record 2.9% in August, with concerns about the impact of inflation
2025-09-26 04:01:35
Capital.com analyst Kyle Rhoda expects the U.S. core PCE to register an annual rate of 2.9% in August, indicating that inflation remains on a stable trajectory and above the Fed's 2% target. Markets are closely watching the impact on the data of services and goods inflation, a key driver of rising prices, while commodity inflation is showing signs of picking up. Interest rate markets see a 90% chance of the Fed cutting rates in November and 75% in December. If the core PCE annual rate rises above 3%, it could raise doubts among investors about the Fed's ability to cut rates. (Jin X)
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