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Fed’s Preferred Inflation Measure Slows in November

Savings Corner

in its first decline since April 2020. economist at Oxford Economics wrote. The Federal Reserve ‘s preferred gauge of inflation slowed as income and spending were strong in November, the latest indicator pointing toward a soft landing. The personal consumption expenditures (PCE) price index dropped 0.1% The index was up 2.6%

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Caring Causes - Salvation Army 2 Million Pounds

Motherhood Moments

million more than the previous record in 2020, during the peak of the pandemic. Congress Joint Economic Committee recently reported that since January 2021, the average Minnesota household is spending $818 more per month as a result of inflation. A record 5.5 million people visited a Minnesota food shelf last year—which is 1.7

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