US Stocks Rise as February Inflation Slows, Boosting Hopes for Softer Fed Policy

US Stocks Rise as February Inflation Slows, Boosting Hopes for Softer Fed Policy

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On Friday, Wall Street's main indexes gained ground, buoyed by data showing a slowdown in inflation in February. The Commerce Department's report revealed that the personal consumption expenditure (PCE) index, which is the Federal Reserve's preferred inflation gauge, increased by 0.3% on a monthly…

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