Inflation Metrics Dip Below Expectations

New data reveals a slight cooling in U.S. inflation rates for November, with the PCE and Core PCE indices both falling short of forecasts.

PCE Price Index showed a year-over-year increase of 2.4%, undercutting the expected 2.5% and slightly above last month's 2.3%.

Core PCE, excluding volatile food and energy prices, rose by 2.8% annually, below the anticipated 2.9% and consistent with the previous month.

Month-to-month figures also indicated a slowdown:

PCE growth was only 0.1%, missing the 0.2% prediction and down from last month's 0.2%.

Core PCE similarly grew by just 0.1%, against an expected 0.2% and down from 0.3% last month.

USD and yields should moderate now

#InflationWatch #USEconomy #EconomicNews #PCE #CorePCE #FinanceNews #MarketTrends