PCE Report: Deciding Factor for Fed's December Move

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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This week, economic indicators and Federal Reserves next moves are in the spotlight. Key focus on manufacturing sector, cloud software earnings, and demand for cybersecurity and semiconductors. The main event: Fridays Core Personal Consumption Expenditures (PCE) Price Index, crucial for inflation measurement and Feds policy decisions. PCE data could influence interest rates, dollar value, and expectations for a December rate cut.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.