**U.S. Core PCE Price Index Rises Less Than Expected**: The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) reported that the U.S. core personal consumption expenditures (PCE) price index increased by 0.1% in November compared to the previous month, which was lower than market expectations of 0.2%. On an annual basis, the core PCE price index rose by 3.2%, slightly below the expected 3.3%. This index, which excludes energy and food prices, is closely monitored by the Federal Reserve as a key inflation indicator. 🇺🇸💹 #US
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