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Economic Data Deluge

Economic Data Deluge

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Personal Consumption Expenditure (PCE) data hit the tape, in all its numerical tedium. Yet within these tea leaves lie lots of useful data for the Fed in its monetary policy decision-making, among other things. So while they may be harder to follow than, say, monthly employment numbers (out next week, by the way), they are at least as important.

...read full article on Zacks Investment Research

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