ICYMI - The Fed will get comfort from falling inflation expectations

The data out overnight from the US will be welcomed by the Federal Reserve:

• NY Fed 1-year inflation expectations 6.2% vs 6.8% prior

The next Federal Open Market Committee (FOMC) decision is due September 21. There are 3 inflation data points of note, and another jobs report to digest before then:

• Here are the 4 data points to come before the next rate hike from the FOMC (Daly missed 1)

To save you a click, unless you want to read the whole post of course,

There are two CPI reports due before the next FOMC decision (due September 16):

• there I one this week, US CPI on Wednesday August 10th
• the next in that series is due on September 13th

The next jobs report (NFP) is due on September 2nd.

There is another inflation print, the Federal Reserve's preferred indicator of prices, core PCE report. We've seen the June figures:

• US June core PCE 4.8% vs. 4.7% expected

The July figures are due on August 26th.