U.S. inflation falls by more than expected in November, bolsters case for lower interest rates from the Fed

The U.S. inflation rate, based on the Federal Reserve’s preferred personal consumption expenditure index, fell in November for the first time since 2020 and indicated that price pressures continue to subside. The PCE index dipped 0.1% last month, the government said Friday. Inflation was also…#federalreserves #pce #andrewhunter #capitaleconomics #redsea #andrewhollenhorst #citi #federalreserve #brycedoty #worldwarii
Source: Reuters: Health - Category: Consumer Health News Source Type: news