US Core PCE is expected at 2.6% Y/Y but it won't change anything for the Fed ...Middle East

The data won't change anything for the Fed or the market though because it's kinda "old news". Forecasters (and the Fed) can reliably project the PCE data from the CPI and PPI reports. This is why the CPI is much more market-moving.

The next NFP and CPI reports will be much more important. Soft or hot figures will influence the market pricing and therefore move the markets.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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