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Reuters

Reuters

Instant view: US PCE inflation cools in November

Reuters
Summary
Nutrition label

77% Informative

In the year through November , the PCE price index advanced 2.4% after rising 2.3% in October .

Lower inflation than expected and slower spending growth don’t corroborate the Fed ’s sudden tilt towards hawkishness.

The S&P 500 pared losses to -0.51% , pointing to a weak open on Wall Street.

VR Score

89

Informative language

95

Neutral language

50

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links