After PPI, Pantheon sees core PCE at 0.28% for the month of June

Pantheon is out with their take on the core PCE for June:

See June core PCE at 0.28% which would keep the inflation rate at 2.7%They add that they do see inflation taking up to 0.35% in July due to tariff -related price increasesTehy see core PCE inflation peaking at 3.25% at the end of the year easing in 2026

Note that their estimate for for PCE was 0.35% after the CPI data yesterday.

This article was written by Greg Michalowski at www.forexlive.com.