Inflation Persistently Above Fed's 2% Target

Inflation rates remain elevated with core PCE at 2.8% and core CPI at 3.3% in November, surpassing the Federal Reserve's 2% target. Understand its economic implications.

A sophisticated graph depicting rising inflation rates, with a prominent line chart highlighting the
Inflation Persistently Above Fed's 2% Target

Inflation remains above the Federal Reserve's 2% target, with core PCE and core CPI rising 2.8% and 3.3%, respectively, in November.

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