Postaus

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