Fed’s preferred inflation gauge ticks up, denting rate-cut hopes: ‘Economy remains on a solid footing’

Strong Bearish -100.0
Consumer spending climbed 0.5% in November from the previous month, a solid increase that hits at an economy growing at a healthy pace in the final three months of last year.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.