Key Inflation Rate Hits 2.4% in November, Near 2% Fed Target
Inflation rose slightly in November, according to a U.S. Bureau of Economic Analysis report released December 20, as a recent ...
Tag: PCE
Inflation Hits Lowest Level Since 2021
According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
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