US personal income rose 0.3% mom or USD 71.6B in August, matched expectations. Personal spending rose 0.4% mom or USD 67.6B, above expectation of 0.2% mom. PCE price index rose 0.3% mom, matched expectations. PCE core price index, ex-food and energy, rose 0.6% mom, above expectation of 0.5% mom. Prices for goods dropped -0.3% mom […]
The post US PCE price slowed to 6.2% yoy, core PCE rose to 4.9% yoy appeared first on Action Forex.
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Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. There’s a trading bias towards economically-sensitive stocks this Friday with signs the mighty U.S. consumer is Read more…
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