Personal Consumption Expenditures (PCE) Numbers for June 2024
The numbers are fairly benign.
PCE 0.1% MoM as expected
PCE 2.6% YoY V 2.5% expected.
Core PCE 0.2% MoM as expected, and 2.6% YoY as expected.
Revisions – minor
No surprises, the S&P 500 futures are up 0.86%, Nasdaq Comp up 1%. The 10 year is down to 2.23%.