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Jed Graham: Key Federal Reserve Inflation Rate Averts Worst Fears
The primary Federal Reserve inflation gauge came in too hot for near-term rate cuts in March, but not as bad as feared. The S&P 500 opened solidly higher, largely holding onto gains after an overnight rally on earnings news from Google parent Alphabet and Microsoft. Primary Fed Inflation Rate The personal consumption expenditures, or PCE,
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Posted: April 26, 2024 Friday 09:40 AM