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Wed | May 1-2024 | 8:27 pm EDT

Germany’s GDP Data might have been Distorted by Questionable Data

Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.

Fed-preferred PCE price index accelerated in January

Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.

Economy