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Core PCE Delivers Crucial Relief: November Inflation Meets Forecasts at 0.2% Monthly Rise
WASHINGTON, D.C., December 2024 – The Bureau of Economic Analysis delivered crucial economic data today showing the core Personal Consumption Expenditures price index rose exactly 0.2% month-over-month in November. This key inflation metric, which excludes volatile food and energy prices, matched market forecasts precisely. The Federal Reserve closely monitors this gauge for monetary policy decisions […]
