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MNI PCE Preview: A First Month Of The Year Consistent With Inflation Target

US DATA
  • Unrounded analyst estimates see core PCE at 0.13% M/M in May, for the high side of the rounded 0.1% in the Bloomberg survey.
  • It should be the first M/M reading for core PCE consistent with the inflation target for 2024.
  • See the below for more including supercore estimates and recent spending trends.

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  • Unrounded analyst estimates see core PCE at 0.13% M/M in May, for the high side of the rounded 0.1% in the Bloomberg survey.
  • It should be the first M/M reading for core PCE consistent with the inflation target for 2024.
  • See the below for more including supercore estimates and recent spending trends.