Fed's main gauge shows inflation at 2.8% in November, edging further away from target

Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.

# Fed's main gauge shows inflation at 2.8% in November, edging further away from target Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/22/pce-inflation-november-2026.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*