PCE data release could show stubborn inflation, impacting market fear

From Investing.com: 2025-02-28 00:13:00

The US Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred inflation gauge, is set to be released soon. Recent weaker economic data has led to increased market fear, exacerbated by tariff threats from President Trump. The S&P 500 is technically in bearish territory, breaking key support levels. US Q4 2024 data shows the economy grew by 2.3%, with personal spending as the main driver. Tariffs continue to weigh on global markets, impacting inflation and growth concerns. The PCE data release is crucial, with expectations of modest cooling from December’s figures.



Read more at Investing.com: PCE Preview: Data Could Prove That Inflation’s Stubborn Grip Remains Intact