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PCE Inflation, the Fed’s Preferred Measure, Sped Up in November

The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Consumer Behavior, Inflation (Economics), Interest Rates, United States Economy
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