Tonight's PCE and core PCE data both came in below expectations, especially the core PCE month-on-month rate of 0.1%, which is far lower than the previous value of 0.3%. This partially alleviates market concerns about a sustained rebound in inflation. It reminds me of the ISM non-manufacturing data released at 8:30 PM on August 5, which pulled the market back from a shaky state with PMI data that surpassed both the previous value and expectations.

#PCE通胀降温 #USUAL走势分析