US personal income and spending missed expectations, core PCE unchanged at 2%

US personal income rose 0.3% in August, below expectation of 0.4%. Spending rose 0.3%, below expectation of 0.4%. Headline PCE slowed to 2.2% yoy, down from 2.3% yoy and missed expectation of 2.3% yoy. Core PCE was unchanged at 2.0% yoy, matched expectations.

Full release here.

Dollar is generally firm and steady after the release, except versus Canadian.