At 14:30 (GMT+2), the US will release September data on the Core Personal Consumption Expenditures Price Index. It is one of the most important indicators monitored by the US Federal Reserve and influencing monetary policy in the country. It records the change in the value of total consumer spending. The annual rate is expected to decline from 2.9% to 2.8%, while the monthly rate is expected to remain at 0.2%. The fulfillment of the forecast will increase the likelihood of a new interest rate cut by the regulator, which could put pressure on the dollar's position.
