Median forecast for US June core PCE YoY 3.3% (prior 3.4%). Most major houses
cluster at 3.3%; lowest BMO 3.1%, UniCredit 3.2%; TD, HSBC, JP Morgan and
Berenberg at 3.4%. Median Q2 real GDP annualized QoQ 2.1% (prior 2.1%).
Forecasts range 0.8%-2.9%: United Overseas Bank 0.8% at the low end, Jefferies
2.9% at the high end; many dealers cluster around 1.7%-1.9% (UBS, BofA Merrill,
Morgan Stanley, Citi, Deutsche Bank), JPM at 2.0%, Barclays 2.5%, HSBC 2.6%.