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Chevron earnings, December PCE, FedSpeak: What to Watch

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Asking for a Trend host Josh Lipton previews several of the top economic data and earnings reports due out tomorrow, Friday, January 31.

Oil giants Exxon Mobil (XOM) and Chevron (CVX) are scheduled to release their fourth quarter results tomorrow morning.

Economic data to watch includes December's Personal Consumption Expenditures (PCE) report — the Federal Reserve's preferred inflation gauge — which economists are forecasting to rise month-over-month from November.

Additionally, Fed Governor Michele Bowman will release commentary following the central bank's decision to pause interest rate cuts on Wednesday.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Josh Lynch


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