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NEWS: Data from the US tonight will show strong inflation – but the Fed will shrug it off April 29, 2021 at 03:01AM


As part of the US Q1 GDP release due at 1230GMT on Thursday 29 April 2021 will be the PCE deflator numbers 
The Federal Reserve mantra right now is that inflation is merely ‘transitory and the number will be shrugged off. On Wednesday (US time) we had the FOMC announcement and Fed Chair Powell’s press conference following. The

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