Ramazan Eles 
The Federal Reserve’s closely monitored inflation metric, the core PCE index, is set to be released today at 15:30. Analysts anticipate that the annual rate will come in at 2.7%.
Attention is sharply fixed on the Core Personal Consumption Expenditures (PCE) Price Index, which will be announced at 15:30 local time. This indicator, which measures consumer spending on goods and services, is published monthly by the U.S. Department of Commerce.
Known for being a key gauge of inflation for the Fed, the core PCE is expected to show a 2.7% annual increase. This data is anticipated to influence the Fed’s decision on whether to implement a 25 or 50 basis point rate cut in September.
Analysts from TD Securities have suggested that the core PCE inflation is likely under control, given that July saw a modest monthly increase of just 0.13%. They predict that the core PCE will not experience a significant rise.
A higher-than-expected core PCE figure, whether on a monthly or annual basis, could undermine the possibility of a more aggressive rate cut by the Fed, potentially impacting Bitcoin negatively in the short term.
Looking ahead, analysts point out that the Fed’s primary focus will shift to the employment figures set to be released next Friday. Following this, markets will get the inflation data on September 11, with the Federal Reserve’s interest rate decision scheduled for September 18.
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