U.S. July PCE Comes In “Hotter” Than Expected 🇺🇸 🖤 PCE Y/Y: 3.7%… — Backcom.io - Refund Trading Fees

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Backcom.io - Refund Trading Fees🔴 U.S. ECONOMIC CALENDAR (UTC) WEEK 04 – AUGUST 2026 This week, market attention is focused on Core PCE and U.S. Q2 GDP, two key data points that could have a major impact on Fed rate expectations, alongside the U.S. crude oil inventory report. 📌 Key events…

U.S. July PCE Comes In “Hotter” Than Expected 🇺🇸

PCE Y/Y: 3.7% (Forecast = 3.6%, Previous = 3.7%)
PCE M/M: 0.2% (Forecast = 0.1%, Previous = -0.1%)
Core PCE Y/Y: 3.3% (Forecast = 3.3%, Previous = 3.3%)
Core PCE M/M: 0.2% (Forecast = 0.2%, Previous = 0.1%)

U.S. PCE inflation in July came in slightly hotter than expected.

Expectations for the Fed to keep interest rates unchanged in September edged up from 60% → 64%.

Markets are still waiting for further signals from Jackson Hole and upcoming economic data.

PCE was not “hot” enough to reverse expectations, but it was strong enough to keep the Fed from rushing into easing.

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