MARKET DAILY

Market 02/28: PCE Inflation Matches Expectations

Spending drops sharply due to US cuts to USAID foreign aid

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Key Highlights

  • Political News: Trump to recognize English as official language, plans to fire nearly all CFPB employees.

  • PCE Inflation Matches Forecast

  • Income Up, Spending Down: Positive Savings Rate

  • HP Inc: Weak earnings outlook

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