By Finance Pulse in Federal Reserve —

PCE Inflation Eases in November, Boosting Rate Cut Hopes

The PCE price index saw a modest 0.1% increase in November, sparking optimism for Federal Reserve rate cuts in 2024. Learn how easing inflation impacts interest rates.

A serene financial market scene with a graph showing a slight upward trend, symbolizing the modest r
PCE Inflation Eases in November, Boosting Rate Cut Hopes

The PCE price index rose 0.1% in November, cooler than expected, increasing hope for potential Federal Reserve rate cuts next year.

Source