Analysts: Markets are awaiting key U.S. economic data ahead of the Federal Reserve's FOMC meeting next week, with a focus on the delayed September PCE report
2025-12-05 05:43:33
Cryptoquant analyst Axel Adler Jr released a market analysis saying that the price of gold is holding around $4,218 an ounce, and the market is waiting for key US economic data ahead of the Federal Reserve's FOMC (FOMC) meeting next week. The focus is on the delayed September report on personal consumption expenditures (PCE) - the Fed's favored measure of inflation. The report is scheduled to be released today and may provide clues about the timing and pace of future monetary easing.
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