#科普

The PCE index will be announced at 11 PM tonight, let me explain it to everyone

PCE = Personal Consumption Expenditures, the Personal Consumption Expenditures Price Index

Excluding food and energy, it looks at how much other goods have grown compared to the same month last year.

This indicator can well reflect the current inflation situation in the United States, and the main goal of the Federal Reserve is to keep the inflation rate below 2%.

Last year's PCE value was 2.9%. If this year is below 2.9%, it can be said that the Federal Reserve's interest rate cut is a done deal, and the market will definitely have a big emotional rebound, and short positions should exit.

If it is above 2.9%, there may not be a rate cut and even an increase. Considering the current bear market situation, now is the time for a temporary peak.