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  • Barrons.com

    March Inflation Data Will Keep Fed Interest Rates on Hold

    March data released Friday confirmed the Federal Reserve still has more work ahead to slow the pace of inflation. In the previous three months, the PCE price index rose less than 0.1% on average. The annual increase in inflation has come in between 2.4% and 2.6% for four straight months through March, versus the Fed’s 2% target.

  • Yahoo Finance Video

    March PCE data shows 2.7% annual increase, stubborn inflation

    The Personal Consumption Expenditures (PCE) data for March aligned with forecasts, registering a 0.3% increase on a month-over-month basis and a 2.7% rise year-over-year. Yahoo Finance's Fed Reporter Jennifer Schonberger sheds light on how this figure could impact Federal Reserve rate cut expectations. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Yahoo News

    Trump trial live updates: Defense resumes cross-examination of David Pecker in hush money case

    The former president’s criminal hush money is set to resume in Manhattan Friday when former National Enquirer publisher David Pecker returns to the witness stand to face cross-examination by the defense.