- Prior 2.8%
- Core PCE M/M 0.3% vs 0.3% expected
- Prior 0.3%
Headline PCE:
- PCE Y/Y 2.6% vs 2.6% expected
- Prior 2.6%
- PCE M/M 0.2% vs 0.2% expected
- Prior 0.3%
Income/Spending:
- Personal income M/M 0.4% vs 0.4% expected
- Prior 0.3%
- Personal spending M/M 0.5% vs 0.5% expected
- 0.3% prior (revised to 0.4%)
Minimal reaction in the markets, which shouldn’t be surprising given that the data came in line with expectations across the board.
This article was written by Giuseppe Dellamotta at investinglive.com.