Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>
Investing.com — The US is to release inflation numbers which will be closely watched as investors try to gauge the future path of Federal Reserve interest rates, while the start of the holiday shopping season and more retail earnings will show how consumer spending is holding up in the face of higher prices. Here’s your look at what’s happening in markets for the week ahead.
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Inflation data
The US is set to release the Personal Consumption Expenditures Price index, the Federal Reserve’s preferred gauge of underlying inflation, on Wednesday.
Economists are expecting the PCE index to have risen annually in October.
While the U.S. is due to release November data on both consumer and producer prices before the Fed’s next meeting on Dec. 17-18 this will be the final PCE report before then.
Recent stubborn inflation data has seen the Fed take a cautious stance towards further interest rate cuts.
Market expectations around whether the Fed will deliver another 25-basis point cut in December or pause are split amid uncertainty over the potential for a rebound in inflation under the incoming Trump administration.
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Black Friday
Investors will get fresh insights into the health…
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