Wall Street Journal's Timiraos: Core PCE will be firm

  • Will be back with details later

WSJ Nick Timiraos is saying that the data from the CPI and PPI suggest the core PCE will be for an higher than February. He does not give any details but Pantheon Macroeconomics sees 0.36% and 2.8% YoY (up from 2.6%).

PCE

It seems the post was deleted (or my Twitter feed is not working).

He did tweet yesterday, however, that the CPI components - despite its declines in the overall CPI - did not translate into a lower core PCE

Core CPE

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