Down .1% from last month and down to +2.6% in Nov 2023 vs Nov 2023. October numbers were also revised down. Light at the end of the tunnel. Getting inflation to stabilize between 1-2% in 2024 is the goal. Mortgage rates are dropping.
Fed’s preferred inflation measure surprises economists by falling in November
Prices slid in November and rose just 2.6% year-over-year, according to the PCE price index.
fortune.com