HomeLive CommentsUS PCE rose to 1.6%, core PCE rose to 1.6%

US PCE rose to 1.6%, core PCE rose to 1.6%

US personal income rose 0.2% in December, below expectation of 0.3%. Personal spending rose 0.3%, matched expectations. Headline PCE accelerated to 1.6% yoy, up from 1.4% yoy, missed expectation of 1.7% yoy. Core PCE rose to 1.6% yoy, matched expectations.

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ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

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