Nick Timiraos(@NickTimiraos):Forecasters who transpose the PPI and CPI into the PCE expect a mild core reading for June at +0.18% (+3.3% y/y), which would be the lowest monthly print since Nov. Headline PCE is expected to decline -0.07% for June, lowering the 12-month rate to 3.7%

Nick Timiraos

@NickTimiraos

Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”

Joined July 2009

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Nick Timiraos@NickTimiraos

2026.07.20 11:00

Forecasters who transpose the PPI and CPI into the PCE expect a mild core reading for June at +0.18% (+3.3% y/y), which would be the lowest monthly print since Nov. Headline PCE is expected to decline -0.07% for June, lowering the 12-month rate to 3.7%