US May PCE core +2.7% y/y vs +2.6% expected

Forex Short News

Core:

  • Prior was +2.5%
  • Core m/m % vs +0.15% exp
  • Unrounded core PCE
  • Supercore (services ex-shelter)
  • Services inflation

Headline PCE:

  • Headline PCE % y/y vs +2.3% expected
  • Deflator % m/m vs +0.12% expected
  • Unrounded headline

Consumer spending and income for March :

  • Personal income +0.3% expected. Prior month +0.8%
  • Personal spending +0.1% expected. Prior month +0.2%
  • Real personal spending % vs +0.1% prior
  • Savings rate

USD/JPY was trading at 144.58 ahead of the data.

This article was written by Adam Button at www.forexlive.com.