US Core PCE Preview: Forecasts from six major banks, a welcome step lower Inflation Fed UnitedStates DollarIndex Banks
The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure , will be released by the US Bureau of Economic on Friday, July 28 at 12:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of six major banks.
Core PCE inflation should rise 0.21% MoM in June based on elements of CPI and PPI inflation. Slowing shelter prices and falling used car prices in CPI in June, dynamics which will very likely continue over the coming months will weigh on core PCE.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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