❕ US Macro Data (PCE)
• Core PCE YoY, December: 3.0%
Forecast: 2.9%
• Core PCE MoM: 0.4%
Forecast: 0.3%
The report came in worse than expected — inflation is re-accelerating, which is negative for markets.
• Core PCE YoY, December: 3.0%
Forecast: 2.9%
• Core PCE MoM: 0.4%
Forecast: 0.3%
The report came in worse than expected — inflation is re-accelerating, which is negative for markets.