Search Results for: Core PCE

PCE Inflation vs. Output Gap (Leading Indicator) Positive output gap suggests higher core inflation next year. Image: NBF Economics and Strategy

Inflation Forecasts Deutsche Bank forecasts U.S. core PCE inflation to reach 2.0% by 2026, with U.S. core CPI projected at 2.4% and U.S. headline CPI at 2.4%. Image: Deutsche Bank

Valuation – S&P 500 Historical P/E Ratio in Different Inflation Environments Should U.S. equity investors expect lower stock valuations, as U.S. core PCE remains elevated? Image: Guggenheim Partners

U.S. Transitory Inflation Meter Is U.S. inflation transitory? The BofA US transitory inflation meter remains at 100. BofA expects core PCE inflation will settle down to 2.1% by the end of 2022. Image: BofA Global Research

U.S. Output Gap (% of potential GDP) and Inflation U.S. output gap (% of potential GDP) tends to lead underlying core PCE by 12 months. Image: Pictet Asset Management

Euro Area and U.S. Inflation and Central Bank Forecasts The Fed projects U.S. inflation well above 2% into 2023. Image: BlackRock Investment Institute