US Core PCE for July YoY 2.9% vs 2.9% anticipated

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  • Prior 2.eight%
  • Core PCE M/M zero.three% vs zero.three% anticipated
  • Prior zero.three%

Headline PCE:

  • PCE Y/Y 2.6% vs 2.6% anticipated
  • Prior 2.6%
  • PCE M/M zero.2% vs zero.2% anticipated
  • Prior zero.three%

Earnings/Spending:

  • Private revenue M/M zero.four% vs zero.four% anticipated
  • Prior zero.three%
  • Private spending M/M zero.5% vs zero.5% anticipated
  • zero.three% prior

Minimal response within the markets, which should not be stunning on condition that the information got here according to expectations throughout the board.

This text was written by Giuseppe Dellamotta at investinglive.com.

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