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US PCE inflation +2.8% y/y vs +2.9% expected

  • Prior was +2.9%
  • PCE M/M +% vs +0.3% expected
  • Prior +0.4%
  • Core PCE Y/Y +% vs +3.1% expected
  • Prior +3.0%
  • Core PCE M/M +% vs +0.4% expected
  • Prior +0.4%

Consumer spending and income for January:

  • Personal income % vs +0.5% expected
  • Prior +0.3%
  • Personal spending % vs +0.4% expected
  • Prior +0.3%
  • Real personal spending % vs +0.1% prior

This article was written by Adam Button at investinglive.com.

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