US PCE Prices QoQ 2nd Est (Q4) Q/Q 2.9% (Prev. 2.8%)
The revised US PCE Prices QoQ for Q4 has come in at 2.9%, slightly above the previous estimate of 2.8%.
US Secretary of War Hegseth says that there is no clear evidence that Iran has laid mines in the Strait of Hormuz
Daily US Equity Opening News - ADBE falls after announcing CEO to step down; META delays Avocado AI model
US PCE Prices QoQ 2nd Est (Q4) Q/Q 2.9% (Prev. 2.8%)
NBP's Maslowska says the Bank may only hike if CPI shocks are sustained
General Caine says US forces are continuing to go after Iran's mine-laying capabilities
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This upward revision suggests a marginally stronger inflation backdrop, which could influence expectations around monetary policy and interest rates moving forward. Traders should consider the implications for the USD and broader risk sentiment amid ongoing inflation concerns.
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