Just read that the U.S. unemployment rate has slightly increased again. In the first week of April, 219,000 new claims were filed—slightly above the 210,000 expected. But what's actually more interesting is the economic performance: The GDP growth for Q4 has been revised downward. Instead of the hoped-for 0.7%, it's now only 0.5% on an annualized basis. Weaker than previously thought. At least there are no major surprises with inflation—the core PCE remains at 2.7% as expected. The February PCE data also shows no new movements, +0.4% monthly as forecasted. Overall, it looks like the economy is losing some momentum, while prices at least remain stable.

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