US annual inflation slows further below 3% in November

Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rate cut next March. Inflation, as measured by the personal consumption expenditures (PCE) price index, fell 0.1% last month…#pce #commercedepartment #federalreserve #cmegroup #fedwatchtool

Source: Reuters: Health - December 22, 2023 Category: Consumer Health News Source Type: news