September PCE price index is released tonight, the probability of the Fed cutting interest rates by 25 basis points in November is reported at 96.1%.

Bitget2024/10/31 08:27

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On October 31, the U.S. PCE price index for September will be released at 20:30 Singapore time, according to CME FedWatch data, the probability of the Fed cutting interest rates by 25 basis points in November is 96.1%. The market expects the September PCE price index to rise 0.2% YoY and 2.1% Y/Y. The core PCE price index is expected to grow at a rate of 0.3% YoY from the previous 0.1%, while the Y/Y growth rate slowed down slightly to 2.6%, the lowest level since February 2021, according to the CME FedWatch data.

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