Here's your summary from Fed's Preferred Measure of Underlying Inflation Slows (https://www.youtube.com/watch?v=BcK9Q3f1jBs) on the Bloomberg Television channel:

**TLDR:** Consumer income rose higher than expected, personal spending remained steady, and the PCE price index slowed down slightly.

1. Consumer income increased by half a percent, surpassing expectations.

2. Personal spending stayed consistent, matching the previous month's figures.

3. The PCE price index remained flat, causing the core PCE to decrease slightly to 2.6%.

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