Inflation Stuck Near 3%! Fed Faces Tough Choices Now
Did you know inflation is still hovering near 3% despite the Federal Reserve's efforts? November's key inflation gauge, the personal consumption expenditures price index, came in at 2.8%, just shy of the central bank's target. This data paints a picture of a resilient economy where consumer spending continues to power growth, even with a slightly softening labor market. While markets anticipate the Fed to hold interest rates steady for now, ongoing inflation pressures and global uncertainty keep policymakers on their toes. Subscribe now for more critical economic updates.
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