ChainCatcher News, the annualized quarterly core PCE price index for the fourth quarter in the United States is 2.5%, expected 2.5%, previous value 2.20%.The annualized quarterly real GDP for the fourth quarter is 2.3%, expected 2.6%, previous value 3.10%.The initial quarterly real personal consumption expenditures for the fourth quarter is 4.2%, expected 3.2%, previous value 3.7%.

ChainCatcher news, the United States will release Personal Consumption Expenditures (PCE) data today at 20:30 Beijing time.Last week, the Federal Reserve lowered the federal funds rate target by 50 basis points, indicating greater confidence in inflation returning to the 2% target level. There is widespread expectation that the PCE data will provide additional support for this stance. Economists unanimously believe that the month-on-month growth rate of core PCE in August will be close to 0.2%, consistent with the price increases in June and July.