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Today's Key U.S. Macroeconomic Data
8:30 AM Eastern Time:
- U.S. GDP (Q3): A key indicator of economic growth and recession risks
- Initial Jobless Claims: Labor market strength versus slowdown signals
10:00 AM Eastern Time:
- Core Personal Consumption Expenditures (PCE) Price Index: The Federal Reserve's preferred inflation measure and a key factor in interest rate policy
These data collectively address growth, employment, and inflation in one morning.
Any surprises could alter expectations for rate cuts, move bond and dollar prices, and increase volatility in stock markets, cryptocurrencies, and risky assets.
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