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The PCE report also showed the rise in spending last month was slightly less than Wall Street expected. “While real goods spending rebounded in line with the timelier retail sales data ...
The latest data from the U.S. Personal Consumption Expenditures (PCE), published on March 28, injected a dose of stark realism into the market euphoria. Inflation, that tenacious specter, returns to ...
On a year-over-year basis, the PCE core rate is forecast to come in at 2.7% for February, a slight bump-up from the 2.6% rate seen during the first month of this year. Vivien Lou Chen is a Markets ...
Gold price picks up bids once again above $3,000 but remains in a familiar range on Thursday. The US Dollar corrects from three-week highs on Trump’s tariff exemption and economic worries.
Inflation has fallen from its 2022 peak but has yet to reach the Fed’s 2% target. The February PCE report is expected to show inflation remaining steady at 2.5% year over year. Economists expect ...
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