Overseas Headlines – November 28, 2024
Daniel Ivey2024-11-28T09:14:31-05:00November 28, 2024 United States: Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates. The so-called core personal consumption expenditures price index, which strips out volatile food and energy