Home Latest Articles Summary PCE release focus: The Bureau of Economic Analysis will release the July PCE price index report on Wednesday, August 26, which will serve as a critical signal for Federal Reserve monetary policy. Inflation expectations: Consensus estimates call for headline PCE inflation to moderate slightly to 3.6% YoY, while core PCE is projected to hold steady at 3.3% YoY. Broader economic data: The PCE release will be accompanied by key household financial metrics, including Personal Income, Disposable Personal Income, Personal Spending (Outlays), and the Personal Savings Rate. Technical outlook (EUR/USD): Following FOMC minutes, EUR/USD broke above its complex head-and-shoulders neckline and key pivot levels toward 1.1710, with immediate resistance ahead at 1.1737 (weekly R1) while oscillators indicate overbought conditions. Khanchit Khirisutchalual/iStock via Getty Images By Moheb Hanna The upcoming personal consumption expenditures (PCE) price index report - scheduled for release by the Bureau of Economic Analysis on Wednesday, August 26 - serves as a pivotal indicator for investors evaluating the Federal Reserve’s next policy moves, particularly 1.12K Followers
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