According to analysts from Danske Bank, the US PCE core inflation is expected to remain at 1.9% (annual), below the Federal Reserve 2% target. Key Quotes: “In the US, PCE core inflation numbers for January are released on Friday. Based on the CPI index, we expect PCE core rose 0.2% m/m (unchanged at 1.9% y/y) which is just below the Fed’s 2% target. Moreover, private consumption growth for Q4 is also to be released next week (Thursday).” “The coming week also brings housing market numbers for February on Thursday. Recently, the housing market has started to show a bit weakness especially home sales numbers, which we expect is driven by higher mortgage rates. However, housing market data are quite volatile – we will continue to monitor the housing market.” “Next week also sees speeches from several FOMC members. The speeches are going to fade into the background for some time, as the Fed has clearly signalled it is on hold for the rest of the year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street closes in a sea of red due to a bearish divergence in the credit markets FX Street 4 years According to analysts from Danske Bank, the US PCE core inflation is expected to remain at 1.9% (annual), below the Federal Reserve 2% target. Key Quotes: "In the US, PCE core inflation numbers for January are released on Friday. Based on the CPI index, we expect PCE core rose 0.2% m/m (unchanged at 1.9% y/y) which is just below the Fed's 2% target. Moreover, private consumption growth for Q4 is also to be released next week (Thursday)." "The coming week also brings housing market numbers for February on Thursday. Recently, the housing market has started to show a bit… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
