US Core PCE Preview: Forecasts from eight major banks, inflation coming in at target
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The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, January 26 at 13:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of eight major banks.
Headline PCE is expected to remain steady at 2.6% year-on-year while core is expected to fall two ticks to 3.0%. On a monthly basis, both are expected to come in at 0.2%.
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