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Aug 03, 2026

June 2026 Core-Cast Post PCE: One of the Best Inflation Readings in Over a Year; Expect Some Payback Next Month

by Vikas Patel

Month-over-month Core PCE came in at 13bps in June, three basis points below our nowcast of 16bps. Headline came in at -11bps vs our -10bp nowcast. Our errors primarily stemmed from Supercore (core services ex-housing), while our nowcasts for core goods and housing came in right in

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