Markets August US PCE deflators printed bang in line with consensus. The headline PCE deflator rose by 0.3% M/M and 2.7% Y/Y (from 2.6%). The core PCE deflator increased by 0.2% M/M to stabilize at 2.9% Y/Y. Those numbers fit perfectly in last week’s Fed forecasts as well indicating no unwanted tariff-related inflation surprises for […]
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