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February personal income and January PCE....>

US DATA
US DATA: February personal income and January PCE
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- Jan core PCE price index +0.1% vs flat BBG expected, +0.2% MNI. 
- Core PCE prices +1.8% Y/Y vs +2.0% in Dec, still below 2% target.
- Feb pers income +0.2% vs +0.3% from both BBG and MNI, with wages +0.3%.
- Jan nominal PCE +0.1% vs +0.3% both BBG and MNI, with durables -1.2%.
- Jan real PCE +0.1%, and -0.6% SAAR after +2.5% in Q4, a negative for GDP.
- Jan total PCE price index -0.1%, with the y/y rate +1.4% vs +1.8% Dec.
- The Jan Y/Y rate for overall PCE prices lowest since Sept 2016. 

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