February PCE inflation +2.5% Y/Y, as estimated and higher than +2.4% previous month
Core PCE +2.8% Y/Y, in line with estimates and slightly down from +2.9% previous month
Compared to previous month:
MARKET DAILY
Market 04/01: February PCE gives mixed signals
ISM Manufacturing PMI surges across all components - first time reaching 50 points in the past year. Japan's Tankan report is not favorable. China's economic data shows improvement.
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