US personal income rose 0.2% mom, or USD 35.5B, in August, matched expectations. Personal spending rose 0.8% mom, or USD 130.5B, above expectation of 0.7% mom.
Headline PCE price index rose to 4.3% yoy, up from 4.2% yoy, above expectation of 3.9% yoy. Core PCE price index was unchanged at 3.6% yoy, matched expectations.