United States: core PCE inflation in line with expectations

(Boursier.com) — According to the government report of the day in the United States, personal household income for the month of December was up 0.2% compared to the previous month, in line with market expectations. , after a rise of 0.3% in revised data, in November. Personal consumer spending, meanwhile, fell 0.2%, when it was expected to be stable according to the FactSet consensus. Spending for November was revised to -0.1%, from +0.1% previously. Finally, the ‘core PCE’ price index, closely followed by American central bankers, evolved in line with expectations, up 0.3% compared to the previous month and 4.4% over one year.