US personal income rose 0.0%, or USD 9B in January, better than expectation of -0.3% decline. Personal spending rose 2.1%, or USD 337.2B, above expectation of 1.5%. Headline PCE price index accelerated from 5.8% yoy to 6.1% yoy, above expectation of 5.5% yoy. Core PCE price index rose from 4.8% yoy to 5.2% yoy, above […]
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