Free Trial

Core PCE Trends Below 2%, Supercore 3-Month Closing In

US DATA
  • Core PCE: No surprises in the recent M/M trend (certainly compared to the steer from yesterday’s Q4 advance) does indeed see the 3-month rate slow to 1.5% annualized as a strong Sep drops out.
  • The 6-month rate held at 1.9% annualized for the second month running.
  • “Supercore”: The 3-month slowed from 3.0% to 2.2% annualized. The 6-month increased a tenth to 2.8% annualized, where it’s largely plateaued for three months. Both rates are at lows since late 2020.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.