US Personal Income MoM (Feb) M/M -0.1% vs. Exp. 0.3% (Prev. 0.4%)
The US Personal Income for February came in at -0.1%, significantly missing the expected 0.3% growth, and also down from the previous month's 0.4% increase.
US President Trump on Truth posts "None of these people, including our own, very disappointing NATO, understood anything unless they have pressure placed upon them!!!"
Brazil Energy Minister says government is to appeal a ruling suspending crude export tax
US Personal Income MoM (Feb) M/M -0.1% vs. Exp. 0.3% (Prev. 0.4%)
US Personal Spending MoM (Feb) M/M 0.4% vs. Exp. 0.5% (Prev. 0.4%)
China’s foreign minister says top leaders’ strategic guidance is key political advantage in developing China–North Korea ties, Xinhua reports
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This miss may indicate weakening consumer spending power, raising concerns about future growth and the inflationary outlook, suggesting a potential dovish tilt for monetary policy as the Fed assesses the implications for interest rates.
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