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March inflation comes in hotter than expected: Dashing hopes for early rate cuts?
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The U.S. Economy Slowed Significantly In Q1

Real GDP Came In At 1.6% vs 2.5% Expected 🤯

That's down from 3.4% in Q4.

And was the lowest reading in two years.

Core PCE also came in at 3.7 vs the forecast of 3.4%.

Inflation remains sticky.
Source: Creative Capital
Source: Creative Capital
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