August core CPI estimates from those who have shared them: The median is 0.22%. All 17 estimates (ranging from 0.16% to 0.24%) round to 0.2%

August core CPI estimates from those who have shared them: The median is 0.22%. All 17 estimates (ranging from 0.16% to 0.24%) round to 0.2%. August PPI components that feed into the PCE were firm, so a consensus CPI might lead to a slightly higher August core PCE. Fed-funds futures have already shifted to 70% chance of a Sept hike this morning as they do the math. -- TIMIRAOS