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Fed’s Preferred Inflation Measure Comes In Cooler Than Expected As Banking Crisis Complicates Powell’s Plan

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.3% on Friday morning after the Bureau of Economic Analysis reported a 5% increase in the personal consumption expenditures price index in the month of February, suggesting the Federal Reserve still has a long way to go in its

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The Fed’s Favorite Price Measure Is Coming Friday, And It’s Likely To Influence Next Move In Inflation Chess Match

The SPDR S&P 500 (ARCA:SPY) has been trending higher over the last week on the heels of the Federal Reserve's 0.25% rate hike, which very well could be its last in its current chess match with inflation. The central bank's preferred inflation measure will be released Friday and the data is likely to influence the

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