US Personal Spending Surges Beyond Expectations, Fuelling Market Optimism

Understanding the Surge in Personal Spending The recent report on the United States Personal Spending Month-over-Month (MoM) has unveiled a significant jump, with actual spending at 0.7%, surpassing both the previous month’s 0.6% and the forecasted 0.5%. This 16.667% increase highlights robust consumer confidence and potentially signals a ripple effect

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US Core PCE Price Index Meets Forecast: Implications for Global Markets

Understanding the Data The latest figures for the United States’ Core Personal Consumption Expenditure (PCE) Price Index for January 2025 show a month-on-month increase of 0.2%. This is in line with forecasts, signaling consistent inflationary pressure within the U.S. economy. Given that the Core PCE Price Index excludes volatile food

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