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. 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. The Fed also monitors the Consumer Price Index (CPI) , which showed a 3.1%
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