"Inflation Update: March Data Shows Surprising Trends in PPI and PCE Gauges"
TL;DR Summary
Despite concerns about inflation, the Fed's preferred inflation gauge, the PCE, may not be as bad as feared in March, providing some relief to the stock market which is looking to rebound after a significant slide.
- The big PPI takeaway: Fed's favorite PCE inflation gauge might not be so bad in March MarketWatch
- Stock market today: Tech leads rebound after mixed inflation data Yahoo Finance
- Wholesale prices rose 0.2% in March, less than expected CNBC
- Treasury yields steady after March’s producer-price data MarketWatch
- With inflation back up, the long-predicted storm clouds in the economy may actually be forming CNN
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