Dow, S&P 500, Nasdaq fall on bleak GDP, jobs data with Big Tech earnings on deck

🚨 Core PCE Inflation Eases in March

📌 Key Fact:
Core PCE inflation rose 0.3% month-over-month, slightly above expectations, while the annual rate slowed to 2.6%.

💡 Impact:
▪️ Suggests persistent inflation pressures despite the Fed’s tightening.
▪️ Markets may delay rate cut expectations, keeping bond yields elevated.

Action:
Monitor Fed commentary for hints on future policy adjustments.

Data-driven analysis.

Leave a Comment

Your email address will not be published. Required fields are marked *