Inflation cooled slightly in December though it remains above Fed's target

Inflation cooled slightly in December though it remains above Fed's target




WASHINGTON (AP) — Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from the prior month, the Labor Department said Tuesday, the same as in November. Excluding the volatile food and energy categories, core […]



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