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U.S. Economy

Headline PCE is expected to decline -0.07% for June, lowering the 12-month rate to 3.7%, reports WSJ's Timiraos citing forecasters who transpose PPI and CPI into PCE

StockNow breaking-news AI analysis

June PCE is expected to decline to 3.7% annually, driven by softer CPI/PPI. However, sticky core prices and upcoming BEA methodology changes keep the Fed's hawkish stance largely intact.

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