BANKS RAISE CORE PCE FORECASTS AFTER CPI Wall Street economists have raised their August core PCE estimates following the latest CPI data,…
BANKS RAISE CORE PCE FORECASTS AFTER CPI
Wall Street economists have raised their August core PCE estimates following the latest CPI data, with forecasts now clustering in the high 0.20% range and several banks seeing 0.30% or higher.
*Barclays: 0.25% | Pre-CPI: 0.22% | Pre-PPI: 0.23%
*Goldman Sachs: 0.26% | Pre-CPI: 0.24% | Pre-PPI: 0.22%
*Nomura: 0.278% | Pre-CPI: 0.245% | Pre-PPI: 0.205%
*BofA: 0.30% | Pre-CPI: 0.26% | Pre-PPI: 0.24%
*TD: 0.32% | Pre-CPI: 0.24% | Pre-PPI: 0.18%
*Mizuho: 0.30% old methodology / 0.40% new methodology
