Data released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $131.1 billion in January, or 0.6%, while the PCE index, the favorite indicator for measuring inflation for the US Federal Reserve, stabilized at 0.6% on a monthly basis.

On the other hand, the main index rose. Excluded from food and energy prices by 0.6%. The annual index rose to 5.4% in January compared to 5.3% in the December reading, exceeding expectations that indicated a slowdown by 4.9%.

The main index excluding food and energy prices rose to 4.7% compared to 4.6% in the December reading. The rise in the Fed’s preferred inflation index supports the rise in monetary tightening in the coming period at a pace greater than expected, as the general index for the US dollar rises and trades at 105.09 levels, at its highest level since the beginning of last January.