Key Economic Data and Market Movers to Watch This Thanksgiving Week
The upcoming week in economic news features key events including the release of the FOMC minutes, which will provide insights into the Fed's recent rate cut and its outlook on inflation and economic growth. The US PCE data, a preferred inflation gauge for the Fed, is expected to show a slight increase, influencing future rate cut expectations. The Reserve Bank of New Zealand is anticipated to cut rates further, while Australia's CPI data will be scrutinized for inflation trends. In Europe, the Eurozone's HICP is expected to rise, potentially impacting ECB policy decisions.
