PCE

Inflation: PCE Price Gauge Rises 2.7%, Wall Street Reacts Surprisingly – Get the Latest Updates Here

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In New York City, the all-items PCE price gauge rose by 2.7%, slightly higher than the estimated 2.6%. This increase includes food and energy costs. On a monthly basis, both measures saw a 0.3% increase, in line with expectations and equal to the rise seen in February. Despite the rise in prices, consumers demonstrated resilience in their spending habits. Personal spending increased by 0.8% during the month, exceeding the estimated 0.7%. Personal income also saw …

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**Yields** tick higher as Treasury awaits pivotal PCE report – What will it reveal?

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New York, USA – Treasury yields in the United States experienced a slight increase as investors eagerly awaited the release of the latest Personal Consumption Expenditures (PCE) report. The benchmark 10-year Treasury note yield went up by 3 basis points to reach 4.303%, while the 2-year note yield also climbed 3 basis points to 4.679%. This uptick reflected the market’s anticipation of the PCE report, which is a key indicator of inflation. Investors closely monitor …

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Stock Market Update: US Stocks Slip in Cautious Countdown to PCE Print – Bitcoin Skyrockets Past $60,000!

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New York City, NY – As investors around the world keep a close eye on the stock market, the US stocks experienced a slight dip in anticipation of the release of the latest Personal Consumption Expenditures (PCE) data while Bitcoin breaks through the $60,000 mark. Meanwhile, the Dow Jones Industrial Average continues its downward trend for the third consecutive day as traders eagerly await new economic data to be unveiled later this week. In another …

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**Inflation Surge Looms: PCE Data Could Shake Stocks, Says BMO Wealth Management**

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New York, NY – U.S. stocks kicked off Tuesday’s trading session with a relatively stable start. The Dow Jones Industrial Average experienced a slight 0.1% dip, while the S&P 500 and Nasdaq Composite saw marginal increases of 0.1% and 0.2% respectively. Home prices in the 20 largest markets in the United States showed a slightly stronger than anticipated rise in December, as reported by the S&P CoreLogic Case-Shiller index. The year-over-year price surge of 6.1% …

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