Treasury Yields, Dollar Weaken as Prices Rise Less than Forecast

Treasury Yields, Dollar Weaken arsenic Prices Rise Less than Forecast

Treasury yields and the dollar weakened aft November PCE ostentation accelerated a small little than expected.

The Fed's preferred ostentation measurement was 2.4%, up from 2.3% successful October. Economists surveyed by The Wall Street Journal expected 2.5%. The halfway speechmaking keeps October's 2.8% pace, portion economists forecast 2.9%.

It is the past PCE study earlier the adjacent Fed meeting, erstwhile policymakers are expected to support involvement rates unchanged.