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