PCE Inflation Data Sets High Bar For Jackson Hole (Live)
5 Articles
5 Articles
From August 27th to 29th, the meeting will be held, where the eyes of the market will focus on this Friday, when the Fed president, Kevin Warsh, exposes. Interest rates and high levels of Treasury bonds are in focus.
The Fed's preferred level of inflation remains well above its target. It is questionable whether the head of the central bank is already presenting a credible counter-strategy in Jackson Hole.
In the United States, two important statistics for the Federal Reserve (the Fed) have just dropped on August 26th. First, PCE inflation (the household consumer spending price index) is 3.7% over a year in July, and the second-quarter U.S. GDP is down to 1.5%. Two economic figures that could influence the much-anticipated speech of Kevin Warsh (Fed President) to Jackson Hole on Friday, August 28th. What to push the Bitcoin and Cryptocurrency mark…
The price indices of personal consumption expenditure (PCE), the index of inflation preferred by the US Federal Reserve, rose by 0.2% in July...
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