Core PCE inflation slowed to +2.65% Y/Y in January, approaching the Fed’s target. U.S. Personal Income rose for the 40th straight month, but spending fell for the first time in nearly two years. - ThreadSky

johnn.bsky.social • 1 day ago

Core PCE inflation slowed to +2.65% Y/Y in January, approaching the Fed’s target.

U.S. Personal Income rose for the 40th straight month, but spending fell for the first time in nearly two years.