New methodology trims Core PCE inflation – Wells Fargo

Wells Fargo economists Tom Porcelli and Sarah House discuss upcoming BEA changes to the Personal Consumption Expenditures (PCE) Price Index that will affect data from 2021 onward. They estimate the new methodology will lower current core PCE by about 0.2 percentage points, bringing May’s rate near 3.2% versus 3.4% published, but still roughly 1 percentage point above the Federal…

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GBP/USD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26

2026.07.10 2026.07.10 GBP/USD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.3510 with a target of 1.3050–1.2936. A sell signal: the correction ends and the price holds below 1.3510. Stop Loss: above 1.3550, Take Profit:…

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Jobs and BoC caution shape outlook – ING

ING’s Francesco Pesole highlights that Canada’s June jobs report is expected to show a sharp slowdown in hiring and a pickup in wage growth. He argues the bar for a hawkish shift by the Bank of Canada (BoC) remains high, with benign inflation and USMCA-related risks limiting hike prospects. ING sees CAD supported near term but does not expect…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.07.2026

2026.07.10 2026.07.10 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.07.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A new impulse wave may have begun, suggesting further upside for Bitcoin. Consider long positions with a Take Profit at 65,544.28….

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