High chance market will be on a downwards trend if PCE data shows increased in inflation data, together with better than expected GDP growth, the economy is actually very robust and healthy. When comes Sept FOMC, Fed might perform a minimum rate cut of 0.25% which might not be what the market expect hence causing stock market to react adversely.
Friday's PCE Inflation Report: Here's How Financial Markets May React
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- KSR·09-01👍1Report