Analyst US PCE Expectations after CPI: Pantheon see core PCE at 0.26% M/M and 3.1% Y/Y in March

The analysts at Pantheon are forecasting core PCE inflation to come in at 0.26% month-on-month and 3.1% year-on-year for March, following the recent CPI report. This outlook suggests a continued moderation in inflation, which may impact expectations around Federal Reserve policy and interest rates. If realized, these figures could contribute to a less hawkish stance by the Fed, influencing both market rates and risk sentiment.