$AVNT
AVNT
0.3038
-3.43%
The Department of Commerce confirmed$NOM
NOM
0.01156
-29.29%
that PCE inflation rose to 2.8% in November, $ENSO up from 2.7% in October. Core PCE, which strips out volatile food and energy, also hit 2.8%.
This "stubborn" data remains significantly above the Federal Reserve's 2.0% target. Despite 2025 rate cuts, persistent consumer spending and new trade tariff fears have kept price pressures high. Consequently, the Fed is widely expected to pause further rate cuts at its upcoming meeting to prevent inflation from re-accelerating.
ENSO
1.503
-0.46%