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Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps

00:01 - 28/06/21

Wall Street binges on volatility hedges as stocks soar to record highs

A red-hot corner of Wall Street catapults toward the $1 trillion mark

Purchasing power fading fast: Personal Savings rate drops to 12.4% from 14.5%, lowest since covid pandemic started

US Core PCE inflation rises to 3.4%, its highest level since 1992