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Inflation eased in November as gas prices fell

Por: CBS News Business December 12, 2023

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Inflation around the U.S. moderated in November as gas prices fell, pointing to further cooling of most costs and bolstering the Federal Reserve's strategy of maintaining higher interest rates for now.The Consumer Price Index edged 0.1% higher last month, leaving it 3.1% higher than a year ago, the Labor Department on Tuesday. The number is in line with expectations by economists surveyed by FactSet.The so-called core CPI, which excludes... + full article



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