13:34 · 26 August 2022

BREAKING: Major slowdown in US personal income and spending

  • Core PCE inflation, June. Actual: 4.6% YoY. Expected: 4.7% YoY. Previous: 4.8% YoY
  • Personal spending, June. Actual: 0.1% MoM. Expected: 0.4% MoM. Previous: 1.1% MoM

  • Personal income, June. Actual: 0.2% MoM. Expected: 0.6% MoM. Previous: 0.6% MoM

  • Trade balance, June. Actual: -$89.06 billion. Expected: -$98.5 billion. Previous: -$98.18 billion

Although investors' attention is focused today on Powell's speech at the Jackson Hole symposium, there will also be something of interest for traders focused on macro data releases. We have just learned a number of economic data that on a normal day would project market sentiment. 

Powell has repeatedly mentioned that future FOMC decisions will be closely dependent on data from the economy. In addition, Powell's speech awaits us at 3 pm BST, followed 30 minutes later by Michigan's sentiment reading.

26 June 2026, 17:59

Three Markets to Watch Next Week: EURUSD, Gold, S&P 500 (26.06.2026)

26 June 2026, 17:14

Fed's Kashkari says AI will force a rate hike; EURUSD and USD reverse early moves ❗

26 June 2026, 14:54

Andy Burnham and financial markets, the initial impact

26 June 2026, 06:52

Morning Wrap: Asia extends Wall Street selloff on expensive hardware (26.06.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.