Details from the August 2016 US PCE price data report 30 September 2016

  • Prior 1.6%

  • 0.2% vs 0.2% exp m/m. Prior 0.1%

  • PCE 1.0% vs 0.8% prior y/y

  • 0.1% vs 0.0% prior m/m

Confirming the expectations and pushing the core closer to 2% and the favoured target for the Fed. What will hold back the hawks is the income and consumption numbers.

US core PCE y/y