April 9, 2026
Key points
US PCE inflation meets expectations and holds at 2.8% annually.
The truce in Iran appears fragile, pushing oil prices back toward $100.
US fourth-quarter GDP growth is revised downward.
Initial jobless claims in the US rise to an eight-week high.
Fed minutes signal rate cuts this year if inflation declines.
Production and exports of light vehicles in Mexico increase in March.
The skinny
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