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US January personal spending +0.5% vs +0.3% expected

Discussion in 'Market News' started by ForexLive, Feb 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Highlights of the PCE report for January 2016: - Prior was +0.3% - Personal income +0.5% vs +0.4% exp - PCE deflator +0.1% m/m vs 0.0% exp - Deflator 1.3% y/y vs 1.1% exp Strong spending, income and inflation. What's not to like for dollar bulls?

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