- The Core Personal Consumption Expenditures Price Index is forecast to rise 0.2% MoM and 3.9% YoY in August.
- The Federal Reserve’s Summary of Economic Projections pointed to one more rate hike in 2023.
- A soft PCE reading could weaken the US Dollar.
The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation gauge, will be released by the US Bureau of Economic Analysis at 12:30 GMT.
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