TD Securities: US Overall PCE Monthly Rate May Rise to 0.23%

ChainCatcher news, according to Golden Ten Data, TD Securities stated that it expects the US core PCE monthly rate in August to slow to 0.19%, while the overall monthly rate may rise to 0.23% driven by accelerated increases in food and energy prices; the core PCE annual rate and overall PCE annual rate are expected to be 2.9% and 2.7%, respectively. The transmission of tariffs to core goods prices is still gradually manifesting, while super core services inflation has eased. The monthly rates of personal spending and personal income are expected to slow to 0.4% and 0.3%, respectively.