Key Fed inflation measure shows 2.4% rate in November, lower than expected

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This is bad news as Trump's first planned measures risk driving up prices.

Activist Post

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Inflation Bites: The $38 Million Man - Activist Post

By Michael Maharrey It’s easy to think of “inflation” as an abstract economic principle and forget that it has real impacts on real people. Federal... Inflation Bites: The $38 Million Man

The Rio Times

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U.S. Inflation Edges Up, But Remains Below Expectations

Inflation in the US edged up to 2.4% in November 2024, according to the latest PCE report. This increase, while modest, highlights the ongoing challenge of managing price stability. Here’s why this matters: The Federal Reserve targets a 2% inflation rate. November’s 2.4% rise, though below expectations, signals a persistent struggle to reach this goal. […]

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The Price You Pay — How to survive inflation in San Diego

NBC 7 Responds is tracking what we pay for groceries, energy, rent, gas and clothing.

Investor's Business Daily

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Key Fed Inflation Rate Cools In November; S&P 500 Rallies

The Federal Reserve's primary inflation rate, the core PCE price index, saw just a tepid rise in November after a couple of elevated readings. The post Key Fed Inflation Rate Cools In November; S&P 500 Rallies appeared first on Investor's Business Daily.

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Fed’s preferred inflation gauge in November was lower than expected, but remains elevated

The Federal Reserve's favored inflation gauge came in lower than expected in November, but it still remains above the central bank's target level as they continue efforts to wrestle inflation down. The Commerce Department reported on Friday that the personal consumption expenditures (PCE) index rose 0.1% in November and 2.4% on a year-over-year basis. Both came in below FactSet economists' estimates. Core PCE, which excludes volatile food and en…