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fxJun 25, 2026, 9:48 AM

TD Securities: US Core PCE Inflation to Firm in May on Services

TD Securities strategists expect May US core PCE inflation to rise, driven by services, with headline inflation boosted by higher energy costs.

TD Securities strategists forecast that the US core Personal Consumption Expenditures (PCE) Price Index for May will firm, primarily driven by services. The headline PCE is also expected to increase, supported by higher energy prices.

No additional details or figures were provided in the original note.

Source: FXStreet Forex News