The United States will release June Personal Consumption Expenditures (PCE) Price Index figures on Friday.
The core Personal Consumption Expenditures Price Index is foreseen up 0.1% in June. The Fed eral Reserve is widely anticipated to trim interest rates in September. The EUR/USD pair is on the brink of turning bearish in the mid-term. The United States will release June Personal Consumption Expenditures Price Index figures on Friday. The Fed eral Reserve’s favourite inflation gauge will be released by the US Bureau of Economic Analysis at 12:30 GMT.
policymakers use the annual Core PCE Price Index, which excludes volatile food and energy prices, as their primary gauge of inflation. A stronger-than-expected reading could help the USD outperform its rivals as it would hint at a possible hawkish shift in the Fed’s forward guidance and vice versa. Fed FAQs What does the Federal Reserve do, how does it impact the US Dollar? Monetary policy in the US is shaped by the Federal Reserve .
is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis. What is Quantitative Easing and how does it impact USD? In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing .
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PCE inflation expected to cool as markets lean towards September Federal Reserve rate cutThe core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
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Federal Reserve's preferred inflation gauge shows price pressures easing furtherA recent AARP survey found one in five Americans ages 50 and older have no retirement savings.
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Federal Reserve's preferred inflation gauge shows price pressures easing furtherA recent AARP survey found one in five Americans ages 50 and older have no retirement savings.
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