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US June core PCE inflation +4.1% y/y vs +4.2% expected

Prior was +4.6%PCE core 0.2% m/m vs +0.2% expectedPrior MoM +0.3%Headline inflation PCE +3.0% y/y vs +3.0% expected (Prior +3.8%)Deflator +0.2% m/m vs +0.2% expected (prior was +0.1%)Consumer spending and income for June:Personal income +0.3% vs +0.5% expected. Prior month +0.4% (revised to +0.5%)Personal spending +0.5% vs +0.4% expected. Prior month +0.1%Real personal spending +0.4% vs 0.0% prior (revised to +0.1%)This is a good report with inflation ticking down and slightly below the conse... Read More

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June

Core

Inflation

Expected

Forex

Posted: Jul 28 2023, 12:30

Author Name: forexlive

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