Preview US PCE and personal spending

The highlight of tonight's NY session will be consumption and price data from the US. The Fed's preferred measure of underlying inflation, core personal consumption expenditure, is expected at 0.1% m/m for June. The prior month saw 1.4% y/y. Any significant deviations will influence Fed policy. Alongside PCE is personal income and consumption (personal spending). Here's 's
Preview US PCE and personal spending