Fed inflation gauge tumbles as prices continue to drop
https://www.siliconvalley.com/2023/12/22/fed-inflation-gauge-tumbles-as-prices-continue-to-drop/
By Paul Wiseman | Associated Press
WASHINGTON — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from reduced interest rates and get relief from painful price shocks in 2024.
Fed inflation gauge tumbles as prices continue to drop
Fri Dec 22, 7:19pm UTC
https://www.siliconvalley.com/2023/12/22/fed-inflation-gauge-tumbles-as-prices-continue-to-drop/
> By Paul Wiseman | Associated Press
> WASHINGTON — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from reduced interest rates and get relief from painful price shocks in 2024.