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Fed’s Preferred Inflation Gauge Holds Steady in April
The Wall Street Journal· 4 days agoThe Federal Reserve’s preferred inflation gauge rose 2.7% in April from a year ago, holding the line...
April PCE Index Forecasts Show Inflation Remaining Sticky
Morningstar· 6 days agoEconomists expect the overall PCE Price Index to rise 2.7% on an annual basis in April, the same rate of inflation as seen in March, according to FactSet’s consensus estimates ...
Two PMI's – Two conflicting results, value down, growth up, Oil down, bonds up
The Forex Market· 1 hour ago2 PMI’s both showing different results – How do you know which to listen to? Value or Growth – what...
Last Big Afternoon of Q1 Earnings Season
Zacks via Yahoo Finance· 5 days agoInterestingly, market participants are selling ahead of tomorrow’s big data release. The April Personal Consumption Expenditures (PCE) report< ...
White House's Jared Bernstein on PCE Data
Bloomberg· 4 days agoHe also talks about whether or not more progress on inflation will require a weaker US consumer, and shares his insights on jobs as the monthly jobs ...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 4 days agoPersonal Income, Spending The PCE price index is released with the Commerce Department's monthly...
Pound Sterling edges down amid caution ahead of US core PCE Inflation
The Forex Market· 4 days agoThe Pound Sterling (GBP) comes under pressure in Friday’s early London session as the sharp recovery...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 5 days agoThe core PCE price index rose at a 2% rate in Q4. Initial Jobless Claims...interest rates. However,...
Stock Market News for June 3, 2024
Zacks· 1 day agoU.S. stocks closed mixed on Friday as market participants digested a series of mixed economic data, which led to heightened speculation about interest rate cuts.
US Dollar: PCE inflation eases USD pressure, traders eye OPEC+ meeting
The Forex Market· 2 days agoThis report provides a comprehensive analysis of the current market fundamentals affecting the US...