Fed’s Preferred Inflation Measure Slows in November
Savings Corner
DECEMBER 23, 2023
The core price index which excludes food and energy prices grew only 0.1%, the same as the month prior. Fed officials indicated they anticipate interest rate cuts sometime in the new year at their December meeting. The Fed also monitors the Consumer Price Index (CPI) , which showed a 3.1% The index was up 2.6%
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