Sigh of relief
The PCE data that was released on Thursday is what the market had wished for.
It helps to ease worries that inflation is ticking up again after a hotter than expected CPI last month. It was basically a sigh of relief
As a result, Nasdaq recorded its highest close since November 2021.
It helps to ease worries that inflation is ticking up again after a hotter than expected CPI last month. It was basically a sigh of relief
As a result, Nasdaq recorded its highest close since November 2021.
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