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PCE inflation corroborates dovish Fed bets

PCE inflation corroborates dovish Fed bets

Global Market Insights - Forex, Futures, Stocks

September 30, 20244m 2s

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Softer PCE data keep chances of another 50bps Fed cut elevated. Fed Chair Powell speaks, ISM PMIs and NFP on this week’s agenda. Yen rally pauses after Ishiba says policy should stay accommodative. Aussie, kiwi and Chinese stocks celebrate PBoC’s measures.

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