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Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars

Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023. The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY... The headline PCE...
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Mar 28, 2026 / Tyler Durden
Middle-Schoolers' "Let's Go Brandon" Sweatshirt Case Goes To Supreme Court
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Apr 5, 2026 / Tyler Durden
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May 18, 2026 / Tyler Durden
Almost All Non-Iran Tankers That Entered The Persian Gulf During The War, Have Successfully Exited With A Cargo
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