US: PCE core likely rose 0.1% m/m in March – Danske Bank

Research Team at Danske Bank, suggests that in the US, PCE prices for March are due and, in line with the CPI figures, they expect to see some reversion of the increases in the more volatile components.

Key Quotes

“We expect PCE core rose 0.1% m/m in March implying a fall in the core inflation rate to 1.5% from 1.7%. That said, yesterday's strong quarterly PCE figures suggest upside risks to this call.”