Forexlive: PCE data will strengthen people's confidence that the economy is cooling down
Forexlive, a financial website, reported that the unrounded value of the US core PCE price index for August was 0.1304%, slightly lower than the 0.14% stated by Federal Reserve Governor Waller. Income and expenditure data also appeared somewhat weak, which should boost people's confidence that the economy is cooling down.
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
ViaBTC donates approximately 3 million HKD to support Tai Po fire relief and community reconstruction in Hong Kong
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level