US PCE inflation rises to 2.7% yoy in Mar, core PCE steady at 2.8% yoy

US personal income rose 0.5% mom or USD 122.0B in March, matched expectations. Personal spending rose 0.8% mom or USD 160.9B, above expectation of 0.6% mom.
Both headline and core PCE price index rose 0.3% mom, matched expectations.
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