U.S. Inflation Moderates In November, But Further Rate Hikes Expected

U.S. Inflation Moderates In November, But Further Rate Hikes Expected

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CPI Inflation eased more than expected in November. Prices rose 0.1% for the month, or 7.1% over the past 12 months. Although historically high, that’s the smallest 12-month inflation increase since December 2021. Stripping out food and energy costs prices rose 0.2% for the month, or 6% on a…

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