Investors this week are set to eye a number of economic data prints, including an update on the Federal Reserve’s preferred measure of inflation — personal consumption expenditures (PCE). Corporate events will include Amazon’s annual shopping extravaganza.
This week’s inflation report from the U.S. Bureau of Economic Analysis on PCE will take on additional significance after the Fed upgraded its forecast on inflation for this year and next. The Fed’s updated median outlook for inflation…
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