Several Wall Street banks have raised their forecasts for US August Core PCE, with Goldman Sachs, Bank of America, and others expecting it to reach 0.26% or higher.
Wall Street economists have raised their forecasts for the US August Core PCE after the latest CPI data release. Currently, predictions are generally above 0.20%, with Goldman Sachs expecting 0.26%, Bank of America and Mizuho forecasting 0.30% or higher, and TD Securities projecting 0.32%.
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