US April core PCE 1.5% y/y vs 1.5% y/y expected

Highlights of the April personal consumption expenditure report:
– was 1.6% y/y
– Prior core -0.1% m/m
Headline inflation:
– PCE deflator 1.7% vs 1.7% y/y expected
Income and spending (all m/m):

US April core PCE 1.5% y/y vs 1.5% y/y expected

Highlights of the April personal consumption expenditure report:
– was 1.6% y/y
– Prior core -0.1% m/m
Headline inflation:
– PCE deflator 1.7% vs 1.7% y/y expected
Income and spending (all m/m):