Original Content
With PCE inflation closer to 3% than the Fed’s target of 2%, affordability will continue to affect consumer sentiment. The post November PCE Price Index comes in line with expectations appeared first on ABA Banking Journal .
November PCE Price Index comes in line with expectations
AI Summary
- PCE inflation is closer to 3% than the Fed’s target of 2%, which may affect consumer sentiment and affordability.
- The article does not provide specific details or implications for credit unions.
Texas Relevance
The article does not mention Texas, TX, TCUD, or any Texas-specific entities. It discusses general economic indicators and their potential impact on consumer behavior.