๐จ ๐บ๐ธ INFLATION WARNING: A KEY TEST FOR THE FED!
๐ September PCE forecasts point to renewed price pressures:
๐น Core PCE: +0.34% MoM ๐น Headline PCE: +0.51% MoM ๐น Core inflation: 3.1% YoY, up from 3.0% ๐น 3-month annualized core PCE: 2.9%, up from 2.0%
โ ๏ธ If confirmed, this would be the strongest monthly core PCE reading since January.
๐ What could it mean for markets? ๐ฅ Higher inflation could keep interest rates elevated for longer. ๐ Bond yields and the US dollar could face upward pressure. โก Growth stocks and tech valuations could come under pressure if rate-cut expectations fade.
๐ WATCHLIST: $NVDA $TSLA $AMZN $MSFT $AAPL $META $GOOGL $AMD
These are among eToro's most-held stocks globally, making them worth watching as markets react to inflation data.
๐ฏ The big question: Will inflation force the Fed to stay hawkish, or can markets absorb another hot reading?
๐ฌ Whatโs your take โ bullish or bearish on US stocks?
#Inflation #PCE #FederalReserve #Fed #StockMarket #Investing #NASDAQ #SP500 #Trading #eToro
