Organization: The upcoming PCE data may not be very good
According to the latest CPI and PPI data, it is estimated that the core PCE index will rise by 0.36% in February, pushing the annual inflation rate from 2.6% in January to 2.8%. Currently, import/export data that also affects the PCE reading has not yet been released.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goolsbee: The Federal Reserve should not consider government financing costs when making policy decisions
Machi Big Brother deposits approximately $200,000 into Hyperliquid to "top up" his ETH long position
USDC Treasury minted an additional 85 million USDC on the Solana chain