3.3% was expected, so this is a small downgrade. The core PCE was also downgraded from 1.4% to 1.3%. The deflator remained unchanged at 2.1%. In a separate release, we learned that jobless claims rose from 225K to 245K, worse than 231K projected. The US dollar is slightly lower. EUR/USD bounces to 1.1867. GBP/USD is [...]
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