March PCE inflation rises 0.7% as Fed stays on hold
PCE rose 0.7% in March and 3.5% from a year earlier, the hottest annual reading since mid-2023.
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Fresh coverage on markets, the economy, and the forces moving money.
U.S. GDP Grows 2% as Brent Crude Hits $120 a Barrel
Consumer spending rose 1.6%, business investment stayed solid and government outlays jumped 4.4%.
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Economy Watch
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Market Pulse
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Stocks Rise to Fresh Highs as Investors Look Past Oil and Softer U.S. GDP
The S&P 500 topped 7,200 for the first time, and the Nasdaq also closed at a record.
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Economy Watch
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