US PCE nowcast shows bumpy path down for inflation

Our nowcast of the US PCE deflators imply inflation is not falling as smoothly as we had anticipated. But it still suggests inflation is on ...

Inflation Forecast - Oxford Economics

US inflation still slowing, but not fast enough for seniors · Research Briefing. US PCE nowcast shows bumpy path down for inflation · Webinar. Nordics: Growing ...

The Fed's favorite inflation index just cooled again | CNN Business

The Personal Consumption Expenditures price index, which is the Fed's preferred inflation gauge, showed prices rose 2.1% for the year ended in ...

Inflation Nowcasting - Federal Reserve Bank of Cleveland

The Cleveland Fed produces nowcasts of the current period's rate of inflation—inflation in a given month or quarter—before the official CPI or ...

No surprises from US PCE inflation to alter Fed easing path | Reuters

The personal consumption expenditures (PCE) price index rose 0.2% last month after an unrevised 0.1% gain in June, the Commerce Department ...

The Fed's 'bumpy' inflation picture could be about to get bumpier

Hotter-than-expected inflation readings have some Fed officials describing the path down to their 2% inflation target as "bumpy." New data ...

July 2024 Core-Cast Post-PCE: No Real Surprises. Just 2 Basis ...

Our nowcasts for July Core PCE were ultimately 2 basis points too low but that is well within a standard error. Our modeling of Q2 PCE revisions ...

Inflation Jump Is Likely More Muted in Fed's Preferred Gauge

Based on the latest CPI figures, the personal consumption expenditures price index excluding food and energy — due from the Bureau of Economic ...

Dollar Trades Sideways Ahead of PCE Data

We believe the backdrop of persistent inflation and robust growth in the U.S. remains largely in place. ... The Cleveland Fed's inflation Nowcast model sees both ...

A 50 Basis Point Cut In September: Why We ... - Employ America

However, our PCE Nowcast (“Core-Cast”) operates ... PCE inflation print, just 12bps at the time. As ... path down. Finally, we argued that a 50bp cut ...

ECB's inflation woes: nowcast | Oxford Economics posted on the ...

... US Core PCE ✓ Remember to save this post! ... inflation—may face a bumpy path to moderation. ... inflation down to target or support a slowing economy?

FOMC Meeting Transcript, June 16-17, 2015 - Federal Reserve Board

inflation nowcast has headline PCE inflation rebounding from a minus 2 percent annual rate in the first quarter to 1.9 percent in the second quarter, and ...

TSX Closer: Thanksgiving Weekend, Indeed, For Canadian Stock ...

WTI crude oil for November delivery closed down $0.29 to settle at US ... path, albeit bumpy", back to 2%. "In our view ... PCE inflation to 2.6% from 2.7%. Still ...

Week 26 Talking Points | Good Life - Good Life Companies

... path back to the 2% inflation target. The hawkish ... There are 581 oil and gas rigs operating in the US – Down 93 from last year. ... Nowcast GDP US Census Bureau ...

U.S. CPI Preview: September 2024 - MNI

signal that inflation is on the right path. ... • “If our forecast materializes, another benign core PCE inflation print would raise policymakers' confidence.

Inflation intensified in January but spending cooled

This was the hottest reading since January 2023. Federal Reserve Chair Powell has said that the path to the Fed's 2% inflation target would be “lumpy and bumpy” ...

Jarosław Jamka on LinkedIn: #markets #investing #inflation #japan

PCE Inflation Data on the Horizon: The upcoming release of US Personal Consumption Expenditure (PCE) inflation data is stealing the spotlight. The Fed ...

Drivers for the Week of June 30, 2024 - Brown Brothers Harriman

... PCE inflation projections for 2024 and 2025. ... path” and warned “it will keep policy rates ... inflation revised down significantly for 2024 and 2025.

FOMC Review: Fed Likely to Cut in December - Macro Hive

... inflation continuing to come down on a bumpy path over the next couple of years and settling around 2 percent. That story is intact, and one ...

FOMC Meeting Transcript, March 14-15, 2017 - Federal Reserve ...

I don't think any of us should consider going down that road. ... 3.2 percent nowcast ... On the inflation front, the latest data show overall PCE prices up 1.9 ...