Ttnvcx
04-26

Is this good or bad for market 

Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March

The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures.The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.Inflation-adjusted consumer spending climbed a
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March

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  • SPACE ROCKET
    ·04-26
    By right it's bad for the market. Will be in the reds early next week. Likely may close in the reds later too. Stocks now appear green because its buoyed by good financial reporting of some of the Big 7 companies.
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