Free Trial

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.

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.