Dear Etorians,
Dear Etorians,
The New York Stock Exchange is slightly in the green on Friday after the publication of contrasting statistics which nevertheless show a slowdown in inflation in the United States, which reinforces the prospect of a rate cut by the American Federal Reserve (Fed) next year.
The US Department of Commerce published an indicator which shows in November that household consumption expenditure increased (+0.3% over one month), as did their income (+0.4%), while the index PCE prices fell by 0.1% over one month, to show a slowdown of 2.6% over one year.
These contrasting data underline the strength of the American economy but also a decline in inflationary pressures, the overall and basic PCE being below the Reuters consensus.
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