Investors will be kept busy this week digesting a raft of upcoming economic indicators with a particular focus on what they mean for the Federal Reserve and the future path of interest rates. The core personal-consumption expenditures (PCE) price index, due Friday, will reveal just how sticky, or otherwise, inflation is proving. Economists expect core PCE to fall to an annual rate of 4.3%, from 4.4% in December—a slowdown compared with previous monthly declines. Read More...
Investors will be kept busy this week digesting a raft of upcoming economic indicators with a particular focus on what they mean for the Federal Reserve and the future path of interest rates. The core personal-consumption expenditures (PCE) price index, due Friday, will reveal just how sticky, or otherwise, inflation is proving. Economists expect core PCE to fall to an annual rate of 4.3%, from 4.4% in December—a slowdown compared with previous monthly declines.
