Analysis: U.S. PCE inflation expectations will support the Federal Reserve to continue to cut interest rates by 25 basis points
2024-10-10 15:09:38
Given today's CPI report, the core PCE measure of inflation is likely to accelerate to 0.2% in September from 0.1% in August, but the annualized rate is "only slightly above the Fed's 2% target," analyst Paul Ashworth said in a note. The PCE data won't be released until the end of the month, and beyond that, tomorrow's PPI report will help adjust expectations. If his forecast is correct, the pace of inflation (falling back) "will support a more cautious 25 basis point cut by the Fed early next month," Ashworth said.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析：美国PCE通胀预期将支持美联储继续降息25个基点Next article：
美联储威廉姆斯：随着时间的推移，将政策转向中性是合适的
