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Top News In What Economists Today - Breaking & Trending Today

Investors On Edge With Consumer Inflation Data Due Friday, Rate Cut Hopes Hang In The Balance - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Investors await February's PCE inflation data, key for Fed's rate cut expectations. Economists predict slight increase in annual and monthly PCE and steady core PCE inflation. Market reactions could vary depending on report's outcome. ....

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UPSC Key—13th February, 2024: India-Qatar, Office of Deputy Chief Minister and Human-Elephant conflict in India

Exclusive for Subscribers from Monday to Friday: Why Unified Payments Interface, Unlawful Activities (Prevention) Act (UAPA)and bail are relevant to the UPSC Exam? What significance do topics like India-Myanmar bilateral relations, the 286th Law Commission Report and Indian espionage case in Qatar have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for February 13, 2024.

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Champagne On Hold: Why The Fed's Preferred Inflation Gauge Report Friday Is Key To Wall Street's Victory Lap - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Set for release at 8:30 a.m. ET Friday, the Bureau of Economic Analysis will unveil the Personal Consumption Expenditure (PCE) price index report for December. This index is also referred as the Federal Reserve's favorite inflation gauge, heavily influencing their monetary policy decisions in the coming months. ....

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December Inflation Preview: What Will It Take To Trigger A Fed Rate Cut In Q1 2024? - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

December's inflation report is crucial for Fed's decisions, economists predict 3.2% increase in CPI, with potential for rate cut in March. Market and Fed will closely monitor inflation for future decisions. ....

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