This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. PCE Inflation Meets Expectations. The Fed Is Likely to Hold Rates Next Week. By Nicole Goodkind Workers are seen at the Federal Reserve renovation site. (Alex Wong/Getty Images) The Federal Reserve's preferred inflation gau ...

Core Insights - Economists anticipate that the upcoming report will indicate core PCE remaining steady at 2.8%, which is expected to reinforce a cautious approach from policymakers regarding interest rate cuts [1]

🚨UPDATE: U.S. PCE INFLATION HOLDS AT 2.8% YEAR-OVER-YEAR, WITH CORE READING SLIGHTLY BELOW EXPECTATIONS ...

Core Insights - The stock market experienced a rebound after a three-day slump, driven by positive economic data regarding inflation [1] Economic Indicators - The personal consumption expenditures (PCE) price index increased at an annual rate of 2.7% [2] - The core PCE, which excludes food and energy prices, rose by 2.9% year-over-year, aligning with economists' expectations [2] - Stock futures showed positive movement, with Nasdaq, Dow, and S&P 500 futures each up by 0.5% prior to the inflation report [2]

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JOUMANNA: GOOD MORNING, THIS IS HORIZONS MIDDLE EAST & AFRICA. ASIAN STOCKS AFTER JAY POWELL SIGNALS AN INTEREST RATE CUT COULD COME AS SOON AS NEXT MONTH, DESPITE DIVISIONS OVER CHALLENGES IN INFLATION IN THE JOBS MARKET. THE U.S. GOVERNMENT TAKES A 10% STAKE WORTH $8.9% BILLION IN A BID TO REINTEGRATE INTEL AND BOOST DOMESTIC CHIPMAKING.EARNINGS AHEAD, IN THE SPOTLIGHT AS WE LOOK AT SOME COMPANIES RELEASING RESULTS THIS WEEK. I AM BACK IN DUBAI AFTER TWO WEEKS OFF. WE HAVE A LOT TO TALK ABOUT TODAY ESPECI ...