Markets feel good about easing of key Fed inflation gauge

LMAX Group Research Desk LMAX Group

Fears of any recession in the US have all but faded away and the market continues to feel good about buying into risk assets. US equities have extended their impressive run to fresh yearly highs, getting another boost from Friday’s softer core PCE read, with the deflator falling to its lowest level since April 2021.

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LMAX Group Research Desk

LMAX Group

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