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US July core PCE inflation +4.2% y/y vs +4.2% expected

Prior was +4.1%PCE core +0.2% m/m vs +0.2% expectedPrior MoM +0.2%Headline inflation PCE +3.3% y/y vs +3.3% expected (Prior +3.0%)Deflator +0.2% m/m vs +0.2% expected (prior was +0.2%)Consumer spending and income for July:Personal income +0.2% vs +0.3% expected. Prior month +0.3% Personal spending +0.8% vs +0.7% expected. Prior month +0.5%Real personal spending +0.6% vs 0.4% prior These numbers are solid, all around. Inflation was in line with wage numbers cooling and spending staying strong... Read More

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July

Core

Inflation

Expected

Forex

Posted: Aug 31 2023, 12:30

Author Name: forexlive

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