PCE Inflation, the Fed’s Preferred Measure, Sped Up in November

The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected. Inflation (Economics), United States Economy, Interest Rates, Consumer Behavior The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected. NYT > Business

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