Personal Consumption Expenditures (PCE) showed inflation rose .01% in March, less than the expected 0.3%. Year over Year we have a decline from 5.1% to 4.2%. Better than the Markets had expected.

We have already seen some rate improvement. Lets see if the Feds are still driving looking at the rear view mirror.

It’s Friday, what a week. enjoy the weekend and always feel free to reach out.