WBCPI News: Dollar Weakens After PCE Inflation Meets Expectations - 30th Mar 2024, 12:35am

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NEWSPLUS 0849 ET – February PCE inflation meets expectations, likely keeping unchanged the prospect of an interest-rate cut by the Fed in June. The 12-month core reading was 2.8%, keeping January’s pace and meeting consensus forecast in a Wall Street Journal survey.

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