「Fed's Talkbox」: Overall PCE inflation rate is expected to be moderate in July, with a year-over-year increase of 2.6%.

BlockBeats News, August 18th, Nick Timiraos, a Wall Street Journal reporter known as the "Fed Whisperer," posted on social media, stating that economists expect the July core PCE inflation rate to be 0.28% (equivalent to an annual rate of 3.4%) after converting CPI and PPI data to the PCE index. This will lead to a year-over-year increase of 2.9%. The overall PCE inflation rate is expected to be more moderate, with a month-over-month increase of 0.21% and a year-over-year increase holding at 2.6%.