US PCE KEY POINTS:August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expectedCore PCE, the Fed’s favorite inflation gauge, increases 0.6% month-on-month, compared to a forecast of 0.5%. Meanwhile, the...
By Peter Nurse
Investing.com - The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention by the Bank of England and the...