Why Fed Inflation Rate May Fall; ADP Jobs Report On Tap (Live Coverage)
The Federal Reserve's primary inflation rate is due out at 8:30 a.m. ET, and don't be surprised if the core PCE price index shows a significant slowdown in price increases over the 12 months through August vs. the initial report for July. Wall Street expects the overall PCE price index to rise 0.4% on the month, leaving the 12-month headline inflation rate at 3.7%.
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