US July core PCE 3.3% y/y vs 3.3% expected

Prior was 3.3% Headline y/y 3.7% vs 3.6% expected (3.7% prior) Headline m/m +0.2% vs +0.1% expected (-0.1% prior) Core PCE (excluding food & energy): Core m/m +0.2% vs +0.2% expected Prior +0.1% PCE services excluding energy and housing % vs +0.1% prior Consumer spending and income for July: Personal income +0.4% vs +0.2% expected. Prior month +0.2% Personal spending +0.2% vs +0.1% expected. Prior…