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PCE Numbers In-Line, Pre-Market Fighting Off Lows
ZACKS· 2025-08-29 23:31
Friday, August 29, 2025Pre-market futures are improving following the release of major economic numbers this morning. A drawback in EU markets this morning (Germany reported a surge in unemployment and higher inflation) brought U.S. indexes lower, but they are fighting higher — though it’s now become choppy — based on the Fed’s preferred inflation metric. The small-cap Russell 2000 has made it to the green; the other major indexes still lag in the red. PCE Numbers In-Line: No Threat to September Rate CutWe’ ...