Fed’s Preferred Inflation Indicator Tomorrow

Tomorrow’s macroeconomic calendar is set for a major event! 📊

At 8:30 AM Eastern Time, we’ll see the release of the Fed’s preferred inflation indicator: the Personal Consumption Expenditures (PCE) price index. The implied move for PCE is +/- 35 points, with the estimated month-over-month core PCE at 0.2%. 📈

Stay tuned for market reactions and how it could impact the broader indices!

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