There Will Be News About The #PCE Spending Index Today.

This index reflects the reality of consumer spending habits.

The Fed will be more interested in this index than the #CPI数据 because it provides a more comprehensive view of inflation.

Last month's core PCE was 2.8, the forecast for this month is 2.6. It's quite close to the Fed's target of 2%, if the PCE is good tonight we can look forward to an early rate cut.