US December PCE core +2.8% vs +2.8% expected ...Middle East

Headline PCE:

Headline PCE +2.6% y/y vs +2.6% expectedDeflator +0.3% m/m vs +0.3% expectedUnrounded headline +0.2557% vs +0.128% m/m prior

Consumer spending and income for December:

Personal income +0.4% vs +0.4% expected. Prior month +0.3%Personal spending +0.7% vs +0.5% expected. Prior month +0.4% (revised to +0.6%)Real personal spending +0.4% vs +0.3% priorSavings rate 3.8% vs 4.4% prior This article was written by Adam Button at www.forexlive.com.

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