Inflation finally dips below 3 percent as U.S. economy nears ‘soft landing’

A key annual inflation metric fell below 3 percent in November, the latest sign that the U.S. is coming in for a rare soft landing from high price growth without a recession. The personal consumption expenditures (PCE) price index dropped to 2.6 percent year-over-year in November, according to new…#pce #federalreserve
Source: Reuters: Health - Category: Consumer Health News Source Type: news