Forex

CPI and PPI records lead to a tame native mineral PCE next month

.Scar Timiraos coming from the WSJ has twittered update that economists that map the CPI and PPI to the primary PCE, are actually anticipating a rise of 0.13% to 0.17% for the August PCE. An analysis of 0.13% would round to 0.1%, while 0.17% would certainly round up to 0.2%. In either case (0.1% or 0.2%), it expands a streak of mild/target consistent readings. As a point of comparison, the primary CPI released previously this week came in at 0.3% (0.281% unrounded).