The Fed doesn't think inflation will run amok again. The PCE price gauge will help clue us in.

Core Viewpoint - The Federal Reserve's preferred inflation measure is not expected to show a significant increase, but investors are cautious and looking for underlying details that may indicate potential issues [1] Group 1 - The upcoming inflation data release is anticipated to be less alarming, which may influence market sentiment [1] - Investors are particularly interested in the nuances of the data, seeking insights that could affect future monetary policy decisions [1]