Fed’s Preferred Inflation Measure Slows in November
Savings Corner
DECEMBER 23, 2023
in its first decline since April 2020. The core price index which excludes food and energy prices grew only 0.1%, the same as the month prior. The Fed also monitors the Consumer Price Index (CPI) , which showed a 3.1% The personal consumption expenditures (PCE) price index dropped 0.1% The index was up 2.6% in the prior month.
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