BluePerspectives

Inflation finally dips below 3 percent as U.S. economy nears ‘soft landing’

The Bureau of Labor Statistics released new data on Friday that showed the personal consumption expenditures (PCE) price index fell to 2.6 percent year-over-year in November. This is the latest indication that the U.S. may be in for a soft landing after a period of high inflation without a recession. According to Bureau of Labor Statistics data released on Friday, the personal consumption expenditures price index (PCE) dropped by 2.6 percent in November.

 The latest indication that the U.S. is on track for a rare soft landing from high price growth with no recession is the decline in yearly inflation, which was below 3 % in November. According to new data released by the Bureau on Friday, the personal consumption expenditures (PCE ) price index decreased to 2.6 % year over year in November. The latest indication that the U.S. is on track for a rare soft landing from high price growth with no recession is the decline in yearly inflation, which was below 3 % in November. According to new data released by the Bureau on Friday, the personal consumption expenditures (PCE ) price index decreased to 2.6 percent year over year in November. 

The Bureau of Labor Statistics released new data on Friday that showed the personal consumption expenditures (PCE) price index fell to 2.6 percent year-over-year in November. This is the latest indication that the U.S. may be in for a soft landing after a period of high inflation without a recession. According to Bureau of Labor Statistics data released on Friday, the personal consumption expenditures price index (PCE) dropped by 2.6 percent in November.

  

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