Some forecasters converting U.S. producer and consumer price data into a May personal consumption expenditures (PCE) estimate expect a strong core PCE reading and a wider-than-usual gap versus CPI, according to Nick Timiraos.
According to ChainCatcher, Timiraos said those forecasts point to core PCE inflation rising to 3.4% year over year when it is released on Thursday.
The expectation is based on estimates derived from U.S. PPI and CPI data used to project the May PCE figures.
Nick Timiraos Expects U.S. Core PCE Inflation to Reach 3.4% Year Over Year
2026-06-24 21:04:23
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Nous Research为Hermes Agent新增宠物支持
