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US February PCE Rises Modestly

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Nominal PCE in February 2016 rose by an expected 0.1% in the month. The increase matched a similar-sized increase in January, although this was revised downward significantly from the previously reported 0.5% gain in January. The downward revision was broadly based although led by the durables component now showing a[​IMG]

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