30 June 2022 The May Core PCE Deflator Likely Undershot the Core CPI Substantially
29th Jun 2022 15:02U.S., Daily Monitor
Weighting differences and technicalities suggest the May core PCE deflator rose only 0.3%…
Margin re-compression, slower wage gains and the stronger dollar will depress core inflation in H2.
The details behind the Q1 GDP revisions could trigger hefty revisions to Q2 forecasts.
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