This read on PCE not so great. Pantheon Macroeconomics sees core PCE up 0.36%. YoY to 2.8%
Core PCE Inflation Estimate Rises to 2.8%
Pantheon Macroeconomics estimates that the core PCE deflator increased by 0.36% in February, raising the inflation rate to 2.8% from 2.6% in January, based on CPI and PPI data. Import/export data, which also impacts PCE, is still pending.