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Friday, February 26, 2016

US Q4 prelim GDP +1.0% vs +0.4% expected

  • The first reading was +0.7%
  • Personal consumption +2.0% vs +2.2% exp
  • Prior personal consumption was +2.2%

Inflation:
  • PCE price index +0.9% vs +0.8%
  • Core PCE q/q +1.3% vs 1.2% exp

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