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BumRushDaShow

(172,716 posts)

4. "I see today has lots of economic events"

Reply to progree (Reply #2)

Thu May 28, 2026, 12:09 PM

Thursday

The GDP was buried among the releases although got a passing mention at the OP link.

In other economic news Thursday, gross domestic product growth in the first quarter was less than expected. GDP accelerated at an annualized rate of just 1.6% for the period, according to a revised Commerce Department reading that was below the initial estimate of 2%.

The department said the initial reading was cut because of downward revisions to consumer spending and investment. The consensus was for GDP to hold at the earlier 2% estimate.

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progree A Badger

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Highlight:

Core inflation hit an annual rate of 3.3% in April, as expected, Fed's preferred gauge shows [View all] BumRushDaShow Thursday OP

Excluding food and energy, core prices rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3 twodogsbarking Thursday #1

Go buy a TV and stop complaining durablend Thursday #7

Edit: Graphs are in post#6 below progree Thursday #2

"I see today has lots of economic events" BumRushDaShow Thursday #4

Key inflation gauge worsens as Americans' income and spending power erodes, AP, 5/28/26 progree Thursday #3

"the soft monthly readings could provide some hope that the burst in prices over the previous month had begun to ease." LudwigPastorius Thursday #5

Graphs, regular PCE and core PCE, 1 month, 3 month, 12 month progree Thursday #6

Personal savings rate in April: 2.6%, down from 5.8% a year earlier, as American's confidence in Trump economy soars progree 21 hrs ago #8