Fed’s Preferred Inflation Measure Slows in November
Savings Corner
DECEMBER 23, 2023
in its first decline since April 2020. The PCE is the Fed’s preferred inflation measure, as the index tends to show inflation trends that are less affected by short-term price changes. economist at Oxford Economics wrote. The personal consumption expenditures (PCE) price index dropped 0.1% The index was up 2.6%
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