US personal income rose 0.5% mom or USD 107.2B in March, slightly above expectation of 0.4% mom. Spending rose 1.1% mom or USD 185.0B, above expectation of 0.6% mom. Headline PCE price index accelerated from 6.3% yoy to 6.6% yoy, above expectation of 6.5% yoy. Excluding good and energy, PCE core price index ticked down […]
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