What November's cooling inflation data means for the Fed
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What November's cooling inflation data means for the Fed
November's Consumer Price Index (CPI) report showed that inflation rose by 2.7% year-over-year, according to the US Bureau of Labor Statistics (BLS), below economists' forecasts of 3.1%. Core CPI — which excludes food and energy prices — rose 2.6% annually (below estimates of 3%). The report excluded month-over-month data from October due ...
1 month ago
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