Eyes on PCE and jobs data

This week, look out for the Personal Consumption Expenditure report coming out Thursday, and the August jobs report releasing Friday. Those two pieces of data will give a sign of whether the Fed will indeed continue raising rates, as Powell cautioned at Jackson Hole, or if inflation and the jobs market are cooling down enough for the central bank to keep rates unchanged. $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$