US Core PCE Meets Expectations Amid Low Unemployment Claims
The US core PCE index met expectations for March, signaling stable inflation. Applications for unemployment benefits have fallen to their lowest levels in decades. This indicates that recent job cut announcements have not yet resulted in layoffs.
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Sources · 7 independent
Bloomberg Radio
“core PCE index meeting expectations for March, signaling stable inflation and applications for unemployment benefits plunging to the lowest level in decades.”
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