"Key Insights Ahead of Crucial PCE Inflation Data Release"
TL;DR Summary
The Core PCE data, a key measure of US inflation, is due on Friday, May 31, 2024, with expected ranges of 2.7%-2.8% y/y and 0.2%-0.3% m/m. Data falling outside these ranges can significantly impact markets due to surprise factors, psychological effects, risk reassessment, automated trading triggers, and potential changes in monetary and fiscal policies.
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