The US July PCE data will be released tonight at 8:30 PM. The core annual rate is expected to remain at 3.3%, while the overall monthly rate is expected to rebound, indicating that the inflation "alarm" is far from over. Currently, bets on a Septembe

2026-08-26

The US July PCE data will be released tonight at 8:30 PM. The core annual rate is expected to remain at 3.3%, while the overall monthly rate is expected to rebound, indicating that the inflation "alarm" is far from over. Currently, bets on a September rate hike by the Fed are approaching 40%. If the data is again bullish, hawkish expectations ahead of Warsh's Jackson Hole appearance may intensify. Click to see more forward-looking predictions…