It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge. August personal income is expected to rise given the strong labor market while spending cooled given the end of summer vacations. The bond market will pay extremely close attention to the next round of inflation readings. Headline PCE will likely heat up given the surge in energy prices, while the core reading should maintain the 0.2% monthly pace.
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US It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge.