US inflation stayed high in November, exceeding the Federal Reserve's target. This suggests policymakers will likely hold interest rates steady....
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Maroc - Times of India - Business - 22/Jan 17:54
US inflation stayed high in November, exceeding the Federal Reserve's target. This suggests policymakers will likely hold interest rates steady. Consumer spending showed strength, but economists warn of weakening fundamentals. The Fed is assessing earlier rate cuts and new trade pressures. Core inflation also remained elevated, indicating slow progress on price stability.
US inflation stayed high in November, exceeding the Federal Reserve's target. This suggests policymakers will likely hold interest rates steady....
The Federal Reserve's preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated.
The Federal Reserve’s preferred gauge for inflation in October and November was released belatedly after the government shutdown.
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