Prop firm news

US Core PCE at 3.0% vs. forecast of 3.3%: dollar down, markets up

US Core PCE for August slowed to 3.0% year-over-year versus a forecast of 3.3%. After the release, the dollar and government bond yields declined, while the probability of a Fed rate hike in October decreased.

Core PCE at 15:30 MSK: the key inflation figure for the Fed

Today, September 30, at 15:30 MSK, the US releases Core PCE. The forecast is 0.3% versus 0.2% a month earlier. The indicator is important for assessing the further trajectory of the Fed rate.