Fed decisions from July to OctoberThe latest Personal Consumption Expenditures (PCE) inflation data was released, showing both month-on-month and year-on-year changes, including headline and core measures. The previous reading for May 2026 showed headline PCE at 4.1% year-over-year and core PCE at 3.4% year-over-year, both significantly above the Fed’s 2% target. AdvertisementKey TakeawaysThe release of the PCE data appears to be a significant indicator for market participants, highlighting potential shifts in monetary policy. What to WatchThe impact of the latest PCE data on Federal Reserve decisions will be closely scrutinized, especially in upcoming meetings. Should core inflation trends continue to exceed 3%, it may suggest a sustained hawkish stance by the Fed, decreasing the likelihood of rate cuts.