The Federal Reserve’s preferred inflation measure, the personal consumption expenditures (PCE) price index, showed a cooling in March, easing concerns about rising inflation. This welcome news comes as the Fed continues to monitor economic data for signs of overheating. The PCE index rose 0.3% in March, below expectations, giving policymakers some breathing room.
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5 Reasons to Buy Energy Transfer Stock Like There's No Tomorrow
Energy Transfer (NYSE: ET) presents an attractive risk-reward profile and high yield, making it a significant holding in my portfolio. After a period of restructuring that included cutting its distribution in 2020 to reduce leverage, the midstream energy company has successfully improved its balance sheet by paying down debt and funding growth through free cash flow. Explain It To Me Like I'm 5: Energy Transfer is a big company that helps move energy and is...
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