US personal income rose USD 233.7B or 1.0% mom in January, well above expectation of 0.5% mom. Personal spending rose USD 43.9B or 0.2% mom, matched expectations. Headline PCE price index rose 0.3% mom, matched expectations. Core PCE price index (excluding food and energy) rose 0.4% mom, matched expectations. Services prices rose 0.6% mom while […]

The post US PCE prices slows to 2.4% yoy in Jan, core PCE down to 2.8% yoy appeared first on Action Forex.