 | AUTHOR: Kerry Hilsabeck, CFP® TITLE: Investment Adviser Rep TAGS: Jobs, PCE, Housing, Yields, Housing, S&P 500, Consumer Confidence |
The PCE Price Index (YoY)(Nov) fell lower to 2.6% from 2.9% while the Core PCE Price Index (Yoy)(Nov) fell to 3.2% from 3.4% (Oct). Core PCE is the Federal Reserve’s preferred inflation gauge and the data helped markets move higher on the week.
Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.
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