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US Core PCE Price Index for June to be Released at 20:30 Beijing Time Tonight
Summary: According to reports, the US Core PCE Price Index for June will be released at 20:30 Beijing time tonight. The annualized quarterly rate of the Core PCE Price Index for the second quarter, released yesterday, exceeded expectations, indicating a potential uptick in inflation for June. If the data falls short of expectations, it could fuel ...
According to reports, the US Core PCE Price Index for June will be released at 20:30 Beijing time tonight. The annualized quarterly rate of the Core PCE Price Index for the second quarter, released yesterday, exceeded expectations, indicating a potential uptick in inflation for June. If the data falls short of expectations, it could fuel speculation of a rate cut in September, leading to significant market volatility at that time.
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Link: US Core PCE Price Index for June to be Released at 20:30 Beijing Time Tonight [Copy]