U.S. Personal Spending and Personal Income data will also be closely monitored today. Economists expect September Personal Spending to rise +0.3% m/m and Personal Income to grow +0.3% m/m, compared to the August figures of +0.6% m/m and +0.4% m/m, respectively.“[Recent] soft core CPI and PPI reports suggest that tariffs continue to have more bark than bite with regard to inflation, and this should also be reflected in [the] September core PCE deflator,” according to ING economist James Knightley.Today, all ...