US Personal Consumption Expenditure Index data is out - and it's below forecasts!
US Personal Consumption Expenditure Index data is out - and it's below forecasts!
Big positive for the markets:
- Core PCE price index (YoY) (November) - 2.8% vs. 2.9% forecast and 2.8% previous.
- Personal consumption expenditure price index (y/y) (November) - 2.4% vs. forecast of 2.5% and previous figure of 2.3%.