Fed’s Preferred Inflation Measure Slows in November
Savings Corner
DECEMBER 23, 2023
Key Takeaways The Federal Reserve’s preferred gauge of inflation grew at its slowest rate since early 2021 in November. The personal consumption expenditures (PCE) price index grew 2.6% The personal consumption expenditures (PCE) price index dropped 0.1% annual increase in November. in the prior month.
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