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Friday: Personal Income and Outlays


Note: Mortgage rates are from and are for top tier scenarios.

• At 8:30 AM ET, Personal Income and Outlays for September. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 3.4% YoY, and core PCE prices up 3.7% YoY.

• At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for October). The consensus is for a reading of 63.2. Reports Weekly Active Inventory Down 2.0% YoY; New Listings Down 1.0% YoY

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