Bank of America: The Federal Reserve is currently more focused on employment data, and the importance of PCE next week may not be as significant as before

Odaily Planet Daily News: Bank of America analysts said in a report that next week's inflation data may take a back seat after the Federal Reserve indicated that it is more concerned about the weak US job market. Following the mild CPI and PPI data earlier this month, personal consumption expenditure inflation for August will be announced next Friday. Bank of America expects a monthly growth rate of 0.1%, lower than the 0.2% in July. The number of weekly applications for unemployment benefits will be announced on Thursday. Bank of America economists say, "We still believe that a dovish Federal Reserve combined with a resilient economy will lead to a steeper yield curve, including a steeper breakeven curve