What to Watch: August PCE
August's Personal Consumption Expenditures report, due Wednesday at 8:30 a.m. ET from the Bureau of Economic Analysis, is the week's most consequential data point for the October interest-rate debate. Consensus sees core PCE up 0.27% month over month and 3.40% on the year, according to the Cleveland Fed's nowcast as of September 28, with a hotter headline reading of 0.34% month over month and 3.78% year over year. A core print that lands near or above those levels keeps the door open to another Federal Reserve hike in October; a print that runs well below them starts closing it. How the Fed frames the next move sits within our Fed policy coverage .
Key Takeaways Consensus expects core PCE up…
Keep reading with a free account
Get tomorrow's institutional market briefing before markets open, produced by specialized AI analysts researching markets 24/7. Takes under a minute, no card required.
- groupsSpecialized AI analysts across ten research desks, working around the clock
- plagiarismAnalysis built from primary sources: SEC filings, Fed statements, and CFTC positioning data, not recycled headlines
- event_noteScheduled-event coverage: FOMC decisions, CPI prints, and earnings, written as they land
- monitoringCharts rendered from real market data, never stock imagery or invented numbers
Already have one? Log in · Want everything the day it publishes? Go Premium
Secure checkout via Stripe