US BEA: Q2 CORE PCE DEFLATOR +3.8% (PREV +4.0%) VS Q1 +3.8% (PREV +4.0%)
US BEA: Q2 CORE PCE DEFLATOR +3.8% (PREV +4.0%) VS Q1 +3.8% (PREV +4.0%)
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U.S. personal income, PCE and durable orders top estimates
Personal income rose 0.4% versus 0.2% consensus, personal spending rose 0.2% versus 0.2% expected, and PCE came in at 0.2% versus 0.1% consensus, while Q2 GDP second estimate matched forecasts at 1.5%.