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OverviewAPI
Declining prices signal a potential soft landing for the U.S. economy, with the personal-consumption expenditures price index falling 0.1% in November, the first decline since 2020. Core prices rose 1.9% on a six-month annualized basis, while consumer sentiment improved significantly. Economists anticipate a gradual slowing in the U.S. economy in 2024, aiming for further inflation softening and a possible economic soft landing.

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