March core PCE price index +0.2% (unrounded.>

US DATA: March core PCE price index +0.2% (unrounded +0.153%), as 

expected, after +0.2% in Feb (+0.202%), The y/y rate jumped to 

+1.9% (+1.882%) from +1.6% in Feb on the base effects of a dip in March 

2017. This is the strongest pace since Feb 2017.

- Total PCE price index flat (unrounded +0.032%), so y/y rate rose

to +2.0% from +1.7%, also the strongest since Feb 2017, prior to the 

March dip. 

- Pers income +0.3% vs +0.4% expected, while nominal PCE +0.4%, as 

expected, and real PCE +0.4%. There will likely be very little market 

reaction as much of this data can be approximated based on Friday's GDP.

- March savings rate fell to 3.1% from 3.3% in Feb, well below the rates 

seen in early 2017. 

- Income was lifted by a 0.2% gain in wages and salaries, as well as 

gains in the other income categories.