The 'PCE Prices QoQ 2nd Est' refers to the second estimate of the quarter-over-quarter change in the Personal Consumption Expenditures (PCE) Price Index in the USA. This index measures the average increase in prices for all domestic personal consumption, serving as a key indicator of inflation. It is significant because it influences Federal Reserve policy decisions on interest rates, impacting economic growth and financial markets. Typically, higher-than-expected PCE prices can lead to market volatility as investors adjust their expectations for monetary policy tightening.
The 'PCE Prices QoQ 2nd Est' refers to the second estimate of the quarter-over-quarter change in the Personal Consumption Expenditures (PCE) Price Index in the USA. This index measures the average increase in prices for all domestic personal consumption, serving as a key indicator of inflation. I...