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

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

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The SPDR S&P 500 ETF Trust SPY 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 battle against…

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