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Key Federal Reserve Inflation Gauge , Rose 2.8% in March.<br/>According to Commerce Department <br/>data released on April 26.<br/>the personal consumption expenditures <br/>(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .<br/>That exceeded Dow Jones <br/>estimates of 2.7%, CNBC reports. .<br/>When also accounting for food and energy, the all-items PCE measure rose 2.7%, <br/>which was above the 2.6% estimate.<br/>Inflation reports released this morning <br/>were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>... but investors should not get <br/>overly anchored to the idea that <br/>inflation has been completely <br/>cured and the Fed will be cutting <br/>interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>The prospects of rate cuts remain, <br/>but they are not assured, and the <br/>Fed will likely need weakness in <br/>the labor market before they <br/>have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>Consumers continue to spend despite <br/>higher prices, CNBC reports.<br/>Personal spending increased 0.8% in March, while personal income rose 0.5%.<br/>The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.<br/>The Fed continues to target 2% inflation, which the core PCE has exceeded for <br/>the last three years, CNBC reports.

Key Federal Reserve Inflation Gauge Rose 2.8% in March

⏲ 1:30 👁 8.2M

The Straits Times

How UOB, OCBC, DBS customers can lock their savings to guard against scams

⏲ 2 minutes 12 seconds 👁 12K

Vincent Chan

How To Save $10K Effortlessly: 6 Saving Tips

⏲ 14 minutes 32 seconds 👁 262.9K

Locked On Rangers: Which starter moves to pen? Wyatt Langford concern, and Mariners offer AL West test.

Locked On Rangers Podcast

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BWB - Business With Brian

Where to Park Cash: Guaranteed 5-6%

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Money to the Masses

Cash Savings Ladder - Boost your interest without locking all your money away

⏲ 9 minutes 5 seconds 👁 671

Ten Hag admits that United must get better at closing out games after letting a 3-goal lead slip to Coventry.

Ten Hag admits United 'got away with it' against Coventry

⏲ 0:53 👁 7.7M

Charlie Chang

The Death of the Savings Account (Do THIS Instead)

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Erin Talks Money

Where To Lock In The HIGHEST Rate | 5.964% On Cash Has Arrived

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NIKE WILL BE LAYING OFF APPROXIMATELY 740 EMPLOYEES AT ITS WORLD HEADQUARTERS IN OREGON, ACCORDING TO A LETTER RELEASED ON FRIDAY. <br/><br/>THE TOP SPORTSWEAR MAKER AIMS TO CONTROL COSTS AFTER WARNING OF A REVENUE DECLINE IN THE FIRST HALF OF FISCAL 2025. <br/><br/>IN DECEMBER, NIKE ANNOUNCED A $2 BILLION COST SAVINGS PLAN OVER THE NEXT THREE YEARS. IN FEBRUARY, THE COMPANY STATED IT WOULD CUT ABOUT 2% OF ITS TOTAL WORKFORCE, OR OVER 1,600 ROLES.

Nike To Lay Off 740 Employees

⏲ 0:38 👁 7.5M

Humphrey Yang

How to Save $10K FAST in 2024!

⏲ 12 minutes 58 seconds 👁 144.8K

The Economic Ninja

How much cash should you have out of the bank if a crash happens? Preparing for Inflation, deflation

⏲ 6 minutes 3 seconds 👁 109.7K

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