Flash: US Personal Spending and Core PCE inflation tops calendar - Danske Bank

FXstreet.com (Barcelona) - Danske Bank strategists note that today’s main release is US Personal Spending and core PCE inflation.

Key Quotes

“Following robust retail sales in November, personal spending is expected to rise 0.5% MoM.”

“As the PCE deflator is likely to rise only 0.1% MoM, it should result in a decent rise in real personal spending of 0.4% MoM.”