2:31 PM · 26 January 2024

BREAKING: US PCE in line with expectations 🗽US100 loses

US PCE Price Index, for December YoY: 2.6% Forecast 2.6%, Previous 2.6%

  • PCE MoM: 0.2% Forecast 0.2% Previous 0.1%
  • PCE services price index ex-energy/housing MoM: 0.3%

Core PCE Price Index YoY: 2.9% Forecast 3%, Previous 3.2%

US Consumer Spending MoM: 0.7% Forecast 0.5%, Previous 0.2%

  • US Real Personal Consumption MoM: 0.5% Forecast 0.3%, Previous 0.3%
  • US Personal Income MoM: 0.3% Forecast 0.3%, Previous 0.4%

After the reading, Wall Street still see probability of a first Fed rate cut in March at a little less than 50%. Rate-futures traders continue to see the strongest chance of the first Fed rate cut in May, then March. US short-term interest-rate futures fall after the reading.  It's another reading which signals theoretically higher odds on 'soft landing scenario', we can see higher than expected data of spending and consumption with personal income in line and lower than expected core PCE, below 3% level.  US December PCE services price index ex-energy/housing came in 0.3% MoM.

Source: xStation5

Source: XTB Research, BLS, Macrobond

22 September 2026, 6:53 AM

Economic Calendar - Another day of central bankers' speeches. Is AUDUSD responding to inflation risks?

22 September 2026, 6:39 AM

Morning Briefing: Global Markets Riding AI Wave, Rising Geopolitical Tensions, and Hawkish Central Banks (22.09.2026)

21 September 2026, 7:18 AM

Economic Calendar: Day of central banker speeches led by Lagarde (21.09.2026)

21 September 2026, 6:59 AM

Morning briefing: Trump-Xi in the shadow of geopolitical tensions (21.09.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits