Analyst Core PCE Forecasts: Pantheon Macroeconomics estimate the core PCE deflator increased by 0.38% in May, lifting the inflation rate to 3.4%, from 3.3% in April

WSJ's Timiraos: Early estimates of the May PCE number (following the Thurs release of May PPI and the CPI on Wed) point to a firm core m/m reading that rounds up to 0.4%. Market-based core was milder. Oxford Economics: With both the March CPI and PPI data in hand, PCE tracking nowcast points to a 4.2% Y/Y rise in headline prices, and would be the hottest PCE inflation has been since April 2023.