U.S. Economy
Sell Side Core PCE Estimates:
StockNow breaking-news AI analysis
Pantheon Macroeconomics projected a 0.28% core PCE deflator rise from CPI and PPI data, making a September Fed rate hike very likely, though an extended tightening cycle remains unwarranted.
News detail
Pantheon Macroeconomics: CPI and PPI data are consistent with a 0.28% increase in core PCE deflator. Pantheon says "A September rate hike is now very likely, but a tightening cycle looks unwarranted.)
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