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Jed Graham: Federal Reserve Inflation Rate Revised Lower As GDP Growth Slides

The key Federal Reserve inflation rate was revised lower for the first quarter, while the U.S. economy slowed more than expected, according to the government's second estimate of GDP growth. Meanwhile, initial jobless claims edged higher. After the data, the S&P 500 pared overnight losses. The stakes will be higher for Friday's personal income

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Posted: May 30, 2024 Thursday 09:40 AM