(Reuters) - NEW YORK, June 28 - Standard & Poor's 500 stock
index futures dipped on Thursday after government data showed
first-quarter core personal consumption spending, an inflation
gauge favored by the Federal Reserve, was revised higher.
PCE excluding food and energy was revised up during the
quarter to a 2.4 percent rate from the prior 2.2 percent
estimate. This will likely be weighed by Fed officials as they
conclude their two-day policy meeting later on Thursday.
Read more at Reuters.com Bonds News
index futures dipped on Thursday after government data showed
first-quarter core personal consumption spending, an inflation
gauge favored by the Federal Reserve, was revised higher.
PCE excluding food and energy was revised up during the
quarter to a 2.4 percent rate from the prior 2.2 percent
estimate. This will likely be weighed by Fed officials as they
conclude their two-day policy meeting later on Thursday.
Read more at Reuters.com Bonds News
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