U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021
1 month: 2.0%
3 months: 2.4%
6 months: 2.5%
12 months: 3.5%
we're almost at the soft landing.
![U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021](https://ussnsimg.moomoo.com/feed_image/70040946/ec1a300de867318cb82c580672d16bc1.png/bigmoo)
If you exclude housing or treat it differently the story is a bit better.
3-month annualized inflation:
Core w/ new rent: 1.5%
Core ex housing: 1.7%
Core ex housing & used cars: 2.1%
Core services ex housing: 2.7%
(Note the last always runs high, is equivalent to 2% PCE.)
Core w/ new rent: 1.5%
Core ex housing: 1.7%
Core ex housing & used cars: 2.1%
Core services ex housing: 2.7%
(Note the last always runs high, is equivalent to 2% PCE.)
But even this is 2.5% annual rate over 6 months.
![U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021](https://ussnsimg.moomoo.com/feed_image/70040946/80b37e9f2325304fb01f488a79ece3cc.png/bigmoo)
![U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021](https://ussnsimg.moomoo.com/feed_image/70040946/6d2caefd7e343657a205728f6f0a73b2.png/bigmoo)
![U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021](https://ussnsimg.moomoo.com/feed_image/70040946/39e14dba42d23b1eab1ad494405aa227.jpg/bigmoo)
Stock Market Performance: As of late November, Wall Street exhibited modest gains. The $Dow Jones Industrial Average(.DJI.US$ , $S&P 500 Index(.SPX.US$ , and $Nasdaq Composite Index(.IXIC.US$ all closed in positive territory, with sectors like consumer discretionary and real estate performing well. Investors' sentiments were buoyed by the possibility of the Federal Reserve refraining from further interest rate hikes.
![U.S. inflation shows signs of easing with core PCE seeing lowest annual gain since April 2021](https://ussnsimg.moomoo.com/feed_image/70040946/51ef25dd29bc3533be26159da649c0ba.gif/bigmoo)
📈 Today's focus: ISM Manufacturing PMI. Fed Chair Powell engages in two events. $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$
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