TD Securities: The overall PCE month-on-month in the U.S. may rise to 0.23%

ChainCatcher news, according to Jinshi reports, Dominion Securities expects the U.S. August core PCE month-on-month rate to slow to 0.19%, while the overall month-on-month rate may rise to 0.23% driven by accelerated increases in food and energy prices; the core PCE year-on-year rate and overall PCE year-on-year rate are expected to be 2.9% and 2.7%, respectively. The transmission of tariffs on core commodity prices is still gradually manifesting, while super core service inflation has eased. Personal consumption month-on-month rate and personal income month-on-month rate are expected to slow to 0.4% and 0.3%, respectively.