A Statistical Revamp Is About to Lower Inflation, at a Critical Time
The Bureau of Economic Analysis is overhauling the PCE price index, a move expected to lower the Federal Reserve's preferred inflation gauge.
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The Bureau of Economic Analysis is overhauling the PCE price index, a move expected to lower the Federal Reserve's preferred inflation gauge.
S&P 500 and Nasdaq decline despite Micron's upbeat forecast
S&P 500 futures climbed on Micron's strong earnings and AI enthusiasm, but a new PCE inflation report shows a jump to a 3-year high.
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