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High PCE and firm worker compensation point to 75 bps hike

The PCE rose 6.2% for the year and 0.3% for the month, signaling another 75 bps hiked by the Fed in next week's meeting.

United statesChristopher rupkeyIan bordenBureau of economic analysisMcdonald corpBureau of labour statisticsEconomic analysisLabour statisticsMichigan consumer sentiment indexWatch toolQuits data

Core PCE rises to 4 9%; US Jobs report, manufacturing data in next week s economic calendar

Core PCE data rose 4.9% Y-o-Y and 0.6% M-o-M, with JOLTs data and the ADP employment report to be published next week.

Larry shoverChristopher rupkeyBureau of economic analysisEuro area sp global servicesEconomic analysisJackson holeChief investment officerChief economistQuits dataManufacturing outlookArea sp global servicesTrade outlook

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