PCE data released at 8:30
PCE data will be released at 8:30 tonight with an expected level of 2.8%, if too much higher than expected it will be negative.
In fact, inflation is at a high level and cutting interest rates too quickly is inappropriate.
On the other hand, if it's not much higher than expected then it won't be a big deal.
Powell's speech tomorrow
Federal Reserve Chairman Powell will give a speech tomorrow night at 11:30 p.m
If we continue to insist that interest rates will be cut three times this year, the monetary circle will increase
If attitudes change, US stocks and the currency circle will plummet.
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