U.S. Personal Income (Monthly Rate) for June Released: 0.2%

According to Woofun AI, the U.S. personal income monthly rate for June came in at 0.2%, lower than the expected 0.3% and the previous value of 0.7%. The weaker-than-expected figure indicates a slowdown in household income growth, which could weaken consum

According to Woofun AI, the U.S. personal income monthly rate for June came in at 0.2%, lower than the expected 0.3% and the previous value of 0.7%. The weaker-than-expected figure indicates a slowdown in household income growth, which could weaken consumer spending support and exert some pressure on expectations of tighter monetary policy.