The PCE price index, also referred to as the PCE deflator, is a United States-wide indicator of the average increase in prices for all domestic personal consumption. The impact on the currency may go both ways: a rise in CPI may lead to a rise in interest rates and a rise in local currency; on […]

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A ‘perfect storm’ battering markets. Surging global bond yields, a slumping Chinese economy amid a worsening property sector crisis, the possibility of higher interest rates in the U.S. — those factors combined to create “the perfect storm” that battered stock markets last week, analysts say. It wasn’t just U.S. markets that fell — Hong Kong’s […]