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.
![Timiraos](https://images.forexlive.com/images/Timiraos_id_4f27bf1c-960c-4083-816c-5fc8c2bd93f3_original.jpg)
This tweet might have turned around the market.