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Event Brief

Strong US GDP data argues against further Fed easing

Rising PCE inflation and steady GDP figures bolstered the case for caution at the Fed.
WHO: the Fed
WHAT: Fed policy outlook after strong first-quarter US GDP and PCE inflation
WHEN: Apr 30, 2026 at 9:39 AM ET
WHERE: United States
WHY: PCE inflation rose strongly and GDP showed no signs of a let-up.
Sources (1): Financial Times

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