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This morning's US data gave investors a familiar problem: inflation remains sticky, wage growth looks firm, and the labor market appears too strong for the Fed to sound relaxed.
This morning's US data gave investors a familiar problem: inflation remains sticky, wage growth looks firm, and the labor market appears too strong for the Fed to sound relaxed. At the same time, Big Tech earnings continue to show real resilience, leaving markets caught between solid corporate profits and an economic backdrop that argues against quick rate cuts. Published on 04/30/2026 at 08:50 am EDT - Modified on 04/30/2026 at 09:00 am EDT Today's data did little to soften the market's main concern. March core PCE rose 0.3% month-on-month, exact
