đš BREAKING: U.S. Core PCE Inflation Matches Expectations in November........
The U.S. core Personal Consumption Expenditures (PCE) price index the Federal Reserveâs preferred inflation gauge rose in line with market expectations in November, signaling continued but moderating price pressures across the economy. The data suggests inflation is easing gradually without showing signs of reacceleration.
On a monthly basis, core PCE showed a steady increase, while the annual reading continued its slow move toward the Fedâs 2% inflation target. The report reinforced the view that inflation progress is intact, though not yet sufficient to prompt an immediate shift in monetary policy.
Financial markets reacted calmly, as the figures largely validated existing expectations for a cautious and data-driven Federal Reserve, with policymakers likely to wait for further confirmation from labor market and inflation trends before adjusting interest rates.
