The PCE (Personal Consumption Expenditures) index came in cooler for January at 2.8% year-over-year, slightly below expectations, while core PCE inflation increased by 3.1% year-over-year, in line with market expectations.
* YoY US PCE: 2.8%, vs 2.9% previous and 2.9% expected
* YoY US Core PCE: 3.