August PCE Seen Potentially Dovish for Fed Hold, Citi Says
Citi economists Andrew Hollenhorst and Veronica Clark say August PCE inflation is shaping up as a potentially dovish event. They note Fed officials raised their year-end annual PCE forecast to 3.4% from 3.3% in the latest projection.
Citi economists Andrew Hollenhorst and Veronica Clark say August PCE inflation is already shaping up as a potentially dovish event. 3% in their latest projection. The economists say the revisions to the methodology…