Fed’s Preferred Inflation Measure Slows in November
Savings Corner
DECEMBER 23, 2023
The Fed also monitors the Consumer Price Index (CPI) , which showed a 3.1% The inflation measure was the latest in a string of data bolstering hopes for the economy in the new year. 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.
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