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Why August PCE Shouldn't Be the Focus for Markets Wednesday
Original: Why August PCE Shouldn’t Be the Focus: 8 Key Items Shaping the Stock Market Wednesday
Commentary argues that August's PCE inflation reading, the Federal Reserve's preferred price gauge, is not the main thing for investors to watch on Wednesday. Instead, attention is directed to eight other items shaping trading that day, as markets weigh inflation data against other economic and corporate developments.
Why now: Traders are deciding how much weight to give the August PCE inflation report ahead of Fed policy decisions.
Federal ReserveUS stock market
Evidence
- Why August PCE Shouldn’t Be the Focus: 8 Key Items Shaping the Stock Market Wednesday · TheStreet Pro
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