WSJ Timiraos: Core PCE modeling points to the downside

<p>WSJ Timiraos tweets that the core PCE is projected to be mild given the CPI and PPI data last month. More specifically, the expectations are for a rise of 0.17%. That would in turn lower the 12-month and the 3 and 6 month numbers. </p><p>This tweet might have turned around the market.</p>

This article was written by Greg Michalowski at www.forexlive.com.