According to Mars Finance, citing Jinshi, the US will release its January core PCE price index at 8:30 PM Beijing time tonight, with the market expecting a moderate increase. The core PCE's rare occurrence of surpassing the CPI could sound a hidden alarm about inflation, putting the Fed's interest rate cut expectations to the test.
Focus on the release of the US core PCE price index year-on-year at 8:30 PM tonight.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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