The U.S. core Personal Consumption Expenditures (PCE) price index for July recorded an annual rate of 2.9%, aligning with market expectations. Additionally, Nvidia's recent earnings report showed revenue slightly surpassing forecasts. This week, attention turns to the upcoming U.S. non-farm payrolls report and the Federal Reserve's Beige Book, which will provide further insights into the economic landscape.
U.S. Core PCE Matches Expectations; Focus Shifts to Upcoming Economic Reports
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.