Tomorrow, the government will release the Fed’s preferred metric for gauging inflation, the core Personal Consumption Expenditure price index.
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After forty years working in the financial sector, I have witnessed many changes. One of the largest transformations has been the process of traders executing trades in stocks or commodities.
Market participants are shifting their focus to the US inflation report, which will come out later this week. These numbers will have an impact on the Federal Reserve’s interest rate cut timeline.
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