0930 ET - Now that economists have the PPI and CPI print in hand, they can start calculating their forecasts for PCE, the Fed's preferred inflation gauge. Capital Economics now estimates the PCE deflator rose by 0.27% month-over-month in August. Some economists estimated that upcoming methodological changes at the BEA, which publishes PCE, could relieve some pressure on the core PCE deflator. But, Capital's Stephen Brown says that projection is unlikely to be affected much by the revisions to portfolio management and software & accessories price calculations.
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