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
Gold prices continue to fall as HSBC casts doubts and predicts further decline

Jeff Kilburg Backs 2 Tech Picks Even When They Trade Above Analyst Targets
Citigroup: Japanese bond yields may have reached their peak, clearer fiscal outlook will enhance investment appeal
Citigroup strategists believe that Japanese government bond yields may be approaching their peak, and they expect financial institutions to increase investments in Japanese bonds as the country's fiscal policy outlook becomes clearer.