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On Friday's broadcast of Bloomberg's "Balance of Power," White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report | Clips
Global stocks face worst month since September, yen swings after BOJ
Gold prices held firm in London on Thursday but stocks and bonds fell hard, driving interest rates higher, after new data said the US economy grew much less than analysts forecast in Q1 thanks to a rebound in inflation
Consumer and business spending remain positives for the U.S. economy. Stubborn inflation keeps Fed rate cuts off the table for now.
KUALA LUMPUR: The ringgit rebounded in early trade Wednesday as the US dollar retreated after S&P Purchasing Managers' Index data disappoint.