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The Federal Reserve’s favorite inflation indicator came in slightly higher than expected for November. This is another indication that while price inflation appears to be easing some, the data indicates it is far from whipped. In November, the Core Personal Consumption Expenditures (PCE) deflator came in at 4.7% on an annual basis. This was slightly […]
The post Fed’s Favorite Price Inflation Measure Comes in Slightly Hotter Than Expected first appeared on SchiffGold.