Sell-side PCE calls post-CPI and PPI
- Pantheon Macroeconomics: "June CPI and PPI data collectively point to a 0.16% rise in the core PCE deflator, which would reduce the inflation rate to 3.3%, from 3.4% in May."
- Oxford Economics: "With both the June CPI and PPI data in hand, our PCE tracking nowcast points to headline inflation of 3.7% y/y, which is an encouraging deceleration from May’s 4.1% pace."
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