PANews reported on April 30 that according to Jinshi, the annual rate of the U.S. core PCE price index in March was 2.6%, the lowest since June 2024, in line with expectations. The monthly rate of the U.S. core PCE price index in March was 0%, the lowest since April 2020, lower than the expected 0.1%.
The annual rate of the U.S. core PCE price index in March was 2.6%, the lowest since June 2024, in line with expectations
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BTC falls below $93,000, down 1.94% on the day
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Before the PCE data was released, the probability that the Federal Reserve would keep interest rates unchanged in May was 92.3%
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Traders fully price in four 25 basis point rate cuts by the Fed by the end of 2025
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Microsoft CEO says about 30% of the company's code is written by AI
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BTC falls below $94,000, down 0.95% on the day
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U.S. stocks opened sharply lower, with technology stocks plummeting