US Core PCE Preview: Forecasts from four major banks, inflation to stay elevated in April Inflation UnitedStates Fed Macroeconomics Banks
riday, May 26 at 12:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of four major banks.
Core PCE is expected to stay at 4.6% year-on-year while rising 0.3% in April . The headline is seen increasing by 0.4% in April, and a slowdown in the annual rate from 4.2% to 3.9%. “We expect core PCE inflation to tick a tenth higher to 0.4% MoM in April, matching the core CPI's MoM gain though there's a non-negligible chance it prints 0.3% . The YoY rate likely rose a tenth to 4.7%.
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