US PCE price index rises to 2.5% yoy in Feb, core PCE down to 2.8% yoy

US personal income rose 0.3% mom or USD 66.5B in February, below expectation of 0.4% mom. Personal spending rose 0.8% mom or USD 145.5B, above expectation of 0.8% mom. PCE price index rose 0.3% mom below expectation of of 0.4% mom. Core PCE price index (excluding food and energy) rose 0.3% mom, matched expectations. Goods […]

The post US PCE price index rises to 2.5% yoy in Feb, core PCE down to 2.8% yoy appeared first on Action Forex.