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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, February 29, 2024
Description: Today's Post - https://bahnsen.co/3uKcswq
A positive day in markets this Leap Year Thursday centered around PCE data that was inline with estimates for the month of January with December being revised lower. Headline year over year PCE rose 2.4%, and removing food and energy, Core PCE increased 2.8% from a year earlier. The dichotomy for 2023 was between goods price deflation of -.5% and services price inflation of 3.9%. So where does this all leave us? T
his was the last major inflation data point prior to the FOMC meeting on 3/20, so the Fed is leaving...