US shows signs of easing inflation, with core PCE index at 3.5%, moving toward 2% target.

Inflation Ease

Positive Inflation

U.S. Commerce Department reports show encouraging signs of easing inflation.

Core PCE Rise

Core PCE index, excluding food and energy, increased by a modest 0.2% in October.

Lowest Annual Gain

Core PCE index sees its lowest annual increase since April 2021.

Annual Increase

Core PCE index shows an annual increase of 3.5%, nearing the 2% target.

Comprehensive PCE

Comprehensive PCE index, including food and gas, remains unchanged from September to October.

Annual Climb

Comprehensive PCE index reports an annual climb of 3%.

Consumer Spending

Consumer spending slowed significantly in October, with a 0.2% increase.

Fed's Strategy

Despite an economic slowdown, the Federal Reserve's strategy aims for a "soft landing.

Mixed Labor Signal

Mixed labor market signals with initial jobless claims below forecasts, but continuing claims high.

Market Anticipation

Analysts and traders anticipate Federal Reserve moves, with heavy betting on unchanged interest rates.