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PCE Still High, Will the Fed Take it As a Sign to Raise Rates?
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160 days 10 hours left
💡Summary: • Friday, the Core PCE price index came in at 3.7%, right on the forecast, compared to the previous month's 3.8% • The FOMC meet Show More
💡Summary:
• Friday, the Core PCE price index came in at 3.7%, right on the forecast, compared to the previous month's 3.8%
• The FOMC meeting is this week, where the Fed decides on interest rates and monetary policy, and makes decisions based on PCE data.
The Core PCE price Index is the less volatile measure of the PCE price index, which excludes the more volatile and seasonal food and energy prices. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency. During a recession, a rise in inflation may lead to a deepened recession and a fall in local currency.

🎙️Q:
Will the Fed raise rates with consumer price inflation still high?

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