here is why PCE will likely be close to fed target.

1. It appears that tariff's price impact is waning

2. Shelter was a big contributor to last years inflation, but in january it was stable, up 0.2%. Old data were cycled out. 

3. Given the different factor weight in  PCE, it is highly likely that PCE will be even better, or even close to fed's 2% target.

     for example, the sticking point is transporation cost (up 1.4%）, which accounts for roughty 16% in CPI but roughly 3% in  PCE. That alone will lower PCE by 0.18 point vs. today's CPI!