Personal spending beats consensus, US inflation remains steady

Quick Take The United States PCE Price Index reveals a generally stable financial landscape, with most figures aligning with expectations. A fine-grained analysis, however, unveils some notable nuances. The Core PCE Price Index MoM stood at 0.3%, completely mirroring the consensus, which projects a climate of steady inflation. Personal Income MoM, interestingly, slightly underperformed, coming … Continue reading Personal spending beats consensus, US inflation remains steady