{"id":489870,"date":"2026-06-12T20:48:23","date_gmt":"2026-06-12T20:48:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/489870\/"},"modified":"2026-06-12T20:48:23","modified_gmt":"2026-06-12T20:48:23","slug":"us-pce-nowcast-headline-inflation-will-creep-above-4","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/489870\/","title":{"rendered":"US PCE Nowcast \u2013 Headline inflation will creep above 4%"},"content":{"rendered":"<p class=\"oe-margin-remove-top oe-text-medium uk-text-bold\">Headline inflation is projected to rise above 4%, driven by increasing energy<br \/>\nprices and higher portfolio management fees. The year-over-year headline PCE<br \/>\ninflation is estimated to reach 4.1%, the highest since April 2023, while core<br \/>\nPCE inflation is expected to climb to 3.4%.<\/p>\n<p>Looking ahead, persistent high costs in fertilizers and transportation,<br \/>\ninfluenced by geopolitical tensions, will likely elevate food prices.<br \/>\nAdditionally, a shortage of computer memory chips will keep core goods inflation<br \/>\nelevated amid ongoing demand for AI infrastructure.<\/p>\n<p>Despite these pressures, the Federal Reserve may consider a rate cut due to<br \/>\ndisinflationary trends in services and a stable labour market. The forecast<br \/>\nindicates that inflation will remain elevated throughout the year, with core PCE<br \/>\nexpected to outpace core CPI due to differing weights in the indices.<\/p>\n<p>Download the report for more detailed insights.<\/p>\n","protected":false},"excerpt":{"rendered":"Headline inflation is projected to rise above 4%, driven by increasing energy prices and higher portfolio management fees.&hellip;\n","protected":false},"author":2,"featured_media":489871,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[76469,114,85,932,46,10361,206799,1032],"class_list":["post-489870","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-advanced-economies","tag-business","tag-il","tag-inflation","tag-israel","tag-monetary-policy","tag-pce","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/489870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=489870"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/489870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/489871"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=489870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=489870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=489870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}