With prices falling and incomes rising, consumers get a break in time for Christmas

In Friday’s personal consumption expenditures report, which is the Federal Reserve’s preferred inflation gauge, some prices actually fell in November for the first time since the spring of 2020. It also showed that disposable personal income rose last month, and the personal saving rate did too.…#federalreserves #charleslieberman #pce #wendyedelberg #tedrossman #bankrate #marketplace
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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