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Economy
Federal Reserve Chair Jerome Powell
The personal consumption expenditures price index fell 0.1% in November from October.

Kevin Dietsch/Getty Images

  • A core measure of inflation closely followed by the Federal Reserve fell month-over-month for November.
  • At the same time, a measure of how Americans feel about the economy jumped nearly 14% in November from the previous month.
  • Americans are still spending and feeling better about the economy. The vibecession is over.

The so-called "vibecession" may be over, as Americans start to feel better about an improving economy.

Tags
economy, federal-reserve, Inflation, pce, personal-consumption-expenditures, consumer-spending, Recession
Source
The vibecession is over