US inflation cools in November, offering relief amidst Fed concerns
Friday, 20 December 2024 ()
The latest economic data reveals a welcome moderation in inflation, as the personal consumption expenditures (PCE) price index rose by a less-than-expected 0.1% in November. This figure, a notable decrease from Octoberβs unrevised 0.2% gain, coupled with solid but somewhat disappointing consumer spending, has provided some relief to markets that have been grappling with the [β¦]
|
||||
|
|
||||
You Might Like |
||||
