TD Securities sees August core CPI at 0.19% on weaker goods

TD Securities projects the August Consumer Price Index will show price declines in goods subject to tariffs. 19% month-over-month increase. Core Goods and Tariffs The primary driver keeping underlying inflation in check for August is a projected drop in goods prices, it said. TD Securities analysts observed “No Meaningful Tariff Passthrough Pressures” on consumer prices.

15% m/m decline,” driven largely by household goods and apparel. ” However, analysts noted that risks to their forecast remain skewed to the upside due to their assumption of large declines in tariff-exposed categories. Read Also: Kevin Warsh's Fed Faces Split Verdict on Inflation Data: Sahm Notes 'Good News,' Schiff Says Calls Out 'Misleading' CPI Rise Prediction Markets Diverge on Annual Rate Traders on Polymarket are largely aligned with TD Securities on the monthly core inflation rate, but they price in a slightly higher annual figure. 2% month-over-month core CPI increase.

19% projection from TD Securities. 3% year-over-year rate for core CPI. Headline Inflation and Services While core goods prices fall, headline inflation is projected to regain momentum. 2% jump in gasoline prices.

26% month-over-month increase. 2% from July. ” How Have Stock Markets Performed in 2026? 88% year-to-date.

10% YTD. On Tuesday, the SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq-100, respectively, closed lower. 36. 03.

73%. Read Also: Peter Schiff Warns 25-Basis-Point Hike Would Do 'Nothing': 'They Should Raise Rates By a Lot More' Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Image: MAYA WASHBURN via Imagn Images