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MS On Core PCE Estimates

US OUTLOOK/OPINION
  • Following today's CPI release, Morgan Stanley see core PCE at 0.20% M/M in Dec after 0.06% M/M in Nov.
  • They see supercore PCE at 0.34% M/M after 0.12% M/M in Nov.
  • These numbers of course prior to updates with tomorrow's PPI inputs.

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