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Alpha TraderX
BANKS RAISE CORE PCE FORECASTS AFTER CPI
Wall Street economists have raised their August core PCE estimates following the latest CPI data,forecasts now clustering high 0.20% range & several banks seeing 0.30% or higher.
*Barclays:0.25%|Pre-CPI:0.22%| Pre-PPI:0.23%
*Goldman Sachs:0.26%|Pre-CPI: 0.24%|Pre-PPI:0.22%
*Nomura:0.278%|Pre-CPI: 0.245%| Pre-PPI:0.205%
*BofA:0.30%|Pre-CPI:0.26%|Pre-PPI: 0.24%
*TD:0.32%|Pre-CPI:0.24%|Pre-PPI: 0.18%
*Mizuho:0.30% old methodology/ 0.40% new methodology
$W
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