Lede There were few surprises in today’s PCE inflation report, with the month over month (MoM) number for PCE coming in slightly below estimates and also slightly below for Core PCE. The year over year (YoY) numbers were in line with estimates. PCE Price Inflation YoY: 2.5% vs 2.5% consensus and 2.4% prior. PCE Price …
No PCE Surprise; Consumer Spending Rises; GDP Likely Higher Read More »