Tag: PCE inflation surge

Global Real Estate Daily Briefing for May 1, 2026: S&P 500 closes at all-time high above 7,200; Nasdaq also at record. Brent retreats 3.41% to $114.01. PCE inflation surges to 3.5%, the highest in nearly three years, validating the most divided FOMC vote since 1992 (8-4 hold). Mortgage rates snap a three-week decline to 6.30%,…