Tag: Gas Prices Fell Contributing to U.S. Inflation
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Gas Prices Fell Contributing to U.S. Inflation Moderation in November, Supporting Federal Reserve’s Stance on Interest Rates
The Consumer Price Index increased by a modest 0.1% last month, resulting in a 3.1% rise compared to the previous year, aligning with economists’ expectations. Gas prices fell, contributing to a moderation in U.S. inflation in November, according to a report from the Labor Department on Tuesday The core CPI experienced a 0.3% climb, marking…