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PCE, a Key Inflation Measure, Cooled in December

Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy
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