Bank of America: The Fed is currently more concerned about employment data, and PCE may not be as important as before next week

Odaily Odaily News: Bank of America analysts said in a report that inflation data next week may take a back seat after the Federal Reserve indicated that it is more concerned about the weakness in the US job market. Following the mild CPI and PPI data earlier this month, personal consumption expenditure inflation in August will be released next Friday. Bank of America expects a monthly growth rate of 0.1%, lower than 0.2% in July. Weekly unemployment claims will be released on Thursday. Bank of America economists said: "We still believe that the combination of a dovish Fed and a resilient economy will lead to a steeper yield curve, including a steeper break-even curve." (Jinshi)