June PCE fell a seasonally adjusted 0.1% for the month; annual inflation rate at 3.7%
CNBC Television·2026-07-30 14:30

Let's go to personal income and spending for June, up 2/10 on income, a little light. We're expecting up 3/10, up 2/10 is actually the lightest Well, not long. It was unchanged in April.And remember, we're coming off up 7/10 on income. And even if you consider, you know, the wage issues and inflation, up 7/10 was the strongest going back 5 years, July of '21. Spending up 3/10, 1/10 lighter than expected.Up 3/10 also equates to up 4/10, which was April, to give you a parameter. Last month gets upgraded to up ...

June PCE fell a seasonally adjusted 0.1% for the month; annual inflation rate at 3.7% - Reportify