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NEWS: US March core PCE +1.8% y/y vs +1.8% expected April 30, 2021 at 01:30PM


Highlights from the personal consumption expenditure report for March 2021:
– Personal income +21.1% vs +20.3% expected. Prior month -7.1%
– Personal spending +4.2% vs +4.1% expected. Prior month -1.0%
It took until February revisions until the January stimulus checks were fully incorporated into the January data. I expect a similar kind of upward revision for

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