The United States will release the key data for December PCE and Q4 GDP tonight.

ChainCatcher reports that at 21:30 Beijing time, the United States will release key data including the December PCE Price Index and the Q4 actual GDP annualized quarter-over-quarter rate. The market generally expects inflation to modestly rise and the economy to remain resilient. This combination could impact the Federal Reserve’s rate cut outlook and reinforce the stance of holding steady. Caution is advised for market volatility at that time.

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