March 01, 2024 BY Simon Mugo
Large Inflows Into US Money Market Funds Seen Ahead of Inflation Data
The anticipation was exceptionally high before the release of the core personal consumption expenditures (PCE) price index data, a crucial inflation measure closely monitored by the U.S. Federal Reserve. The data, released on Thursday, revealed that the yearly inflation growth rate was the lowest it had been in almost three years, providing some relief to…
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