Reported 1 day ago
The November Personal Consumption Expenditures (PCE) data reveals a slight easing of inflation, as core PCE increased by 0.1% month-over-month, below the expected 0.2%, and by 2.8% year-over-year, slightly under the predicted 2.9%. This data, reported by Jennifer Schonberger, points to a modest cooling in inflation, which is being closely monitored by the Federal Reserve.
Source: YAHOO