After coming higher-than-expected for 3 months in a row from Jan - Mar this year, Apr CPI came mostly in line with expectations which was a welcome surprise that lifted the market optimism.
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Apr 2024 PCE Estimate
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After coming higher-than-expected for 3 months in a row from Jan - Mar this year, Apr CPI came mostly in line with expectations which was a welcome surprise that lifted the market optimism.