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Personal Income Rose While Inflation Subsided in February

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Personal income jumped 0.5 percent in February, well above consensus expectations. Real spending was unchanged after having risen 0.1 percent in January. Personal consumption will be weak in the first quarter. The core PCE deflator, the Fed's preferred inflation index, returned to the target range at 2.0 percent growth over...

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