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U.S. Economy

Analyst Core PCE Forecasts: Oxford Economics says "Our preliminary nowcast for May PCE, which we'll update after PPI, points to a similar headline reading but a higher core PCE reading due to a jump in portfolio management fees."

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Pantheon Macroeconomics provisionally estimate core PCE deflator rose by 0.32% in May, lifting the inflation rate to 3.4%, from 3.3% in April.

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