US PCE inflation unchanged at 3.4% yoy, core slowed to 3.7% yoy

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<p>US personal income rose 0.3% mom or USD 77.8B in September, below expectation of 0.4%. Personal spending rose 0.7% mom or USD 138.7B, well above expectation of 0.4% mom. PCE price index rose 0.4% mom, above expectation of 0.3% mom. Core PCE price index (excluding food and energy) rose 0.3% mom, matched expectations. Prices for [&#8230;]</p>
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