US PCE price index y/y: 4,2% vs 4,1% exp. and 5,0% previously
US PCE price index m/m: 0,1% vs 0,1% exp and 0,3% previously
US Core PCE y/y: 4,6% vs 4,58% exp and 4,6% previously
US Core PCE m/m: 0,3% vs 0,3% exp and 0,3% previously
US Consumer spending data: 0% vs -0,1% exp and 0,2% previously
Core PCE inflation is falling slower than the analyst consensus expected. The overall trend against CPI readings is of course still pointed downward. However, the loss of downfall momentum may herald that price pressures are becoming entrenched at levels that are too high. In that case, the Fed would have a much more difficult job to do. Source: XTB
The first reaction of US100 on PCE data is mixed. Source: xStation5