The PCE Index inflation data is expected to come in lower this week than the previous month's reading. With the Federal Reserve's rate decision set to arrive soon, the prior week was relatively light in terms of economic data. Despite inflation continuing to trend lower, this is unlikely to have an impact on the rate decision later this week. However, it will likely spark further discussion about the current state of the economy. Although inflation remains persistent, there have also been several encouraging developments. Economic IndicatorsThe US Leading Economic Index decreased by 0.2% in June 2026, driven by weak consumer…