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Joe Weisenthal: Core PCE softer at 0.2 percent vs 0.3 percent forecast

Joe Weisenthal: Core PCE softer at 0.2 percent vs 0.3 percent forecast
Core PCE comes in below expectations

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., reports that core PCE inflation came in slightly softer at 0.2 percent, compared to the 0.3 percent expected. Year over year, core PCE remains at 3.3 percent, matching consensus estimates.

Weisenthal has previously highlighted individual traders achieving notable outcomes on Kalshi and Polymarket, reflecting interest in prediction markets. In an earlier report, he cited Drew Matus in noting that the average U.S. worker now spends 7.7 minutes of labor to buy a gallon of gasoline, according to recent data. These observations provide additional context to his focus on real-time economic indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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