Due to the US government shutdown, the September PCE data has been delayed until December 5th. However, the market has already anticipated this, and the general consensus is that the data will be relatively stable, with no major fluctuations.

Starting with overall PCE, it's expected that the monthly rate for September will remain at 0.3%, the same as in August; the annual rate may slightly rebound to 2.8%, just a bit higher than August's 2.7%. If this turns out to be the case, it would be the highest point since April of this year.

Now looking at core PCE—which the Federal Reserve monitors more closely—the market expects the monthly and annual rates for September to remain at 0.2% and 2.9%, respectively, unchanged from August. It's worth noting that core PCE has been above the Fed's 2% annual target for 55 consecutive months now, which shows just how persistent this inflation is.

In terms of impact, the expectations for this data are fairly stable, so it's unlikely to cause major shocks to the US dollar. However, this report is an important reference for the Fed's meeting next week—if the data aligns with expectations, the probability of a rate cut in December increases; if there's a significant deviation from forecasts, rate cut expectations might be repriced, which could in turn affect the subsequent trends in US equities and even the crypto market. In any case, it's worth paying attention to the data release in the coming days.