22-02-2024 20:15 via rocketnews.com

Wall Street is bracing for more strong U.S. economic and inflation data next week

Another round of robust U.S. data is set to arrive next week, raising questions in the financial market about whether the economy can continue to avoid buckling under the weight of the highest interest rates in over two decades.The first revision to fourth-quarter gross domestic product is set to be released next Wednesday, followed the next day by January’s reading on the Federal Reserve’s preferred inflation gauge, the personal consumption expenditures, or PCE, price index. JPMorga
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