Home
News Detail

TD Securities expects core PCE to accelerate to 0.3% month-on-month in July

Source: Binance
According to ChainCatcher, TD Securities expects core PCE to accelerate to 0.3% month-on-month in July. Affected by weak food and energy inflation, overall PCE may fall back to 0.22% month-on-month and is expected to be 2.9% and 2.6% year-on-year. The transmission effect of tariffs on commodity prices is moderate, but the service industry has accelerated its rise. Core retail sales are strong, with personal spending expected to grow by 0.5%.
Link copied to clipboard