Nowcast
Summary The December PCE release came with very few surprises relative to our models, in what is a confusing schedule of data releases and one-off revisions. Core PCE was 1bp lower on a month-over-month basis for December relative to what we anticipated for this release (0.36% m/m realized
Core-Cast is our model and publication series for nowcasting the Fed's Personal Consumption Expenditures (PCE) inflation gauges. We update our estimates from CPI, PPI, Import Price, and GDP data, along with previews and final recaps. If you'd like to become a MacroSuite subscriber to get all