wallstreetexaminer.com / by Anthony B. Sanders via Confounded Interest /
Today’s economic news feed should be of interest to the The Federal Reserve.
Core Personal Consumption Expenditures (sans food and energy) for January were +0.3% MoM and +1.7% YoY, below The Fed’s target inflation rate of +2.0%.
Of particular note is Real Personal Spending for January 2017. It fell -0.3% from December and is the lowest since September 2009, just after the end of The Great Recession in June 2009.