The Consumer Price Index increased by just 0.1% in November, a win for the Federal Reserve that all but ensures the U.S. central bank won’t raise rates anytime soon.
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December 12, 2023
Inflation holds steady as price increases continue to slow
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Powell ‘not confident’ Fed has done enough to quash inflation
Federal Reserve Chair Jay Powell told reporters today that achieving price stability in the U.S. economy was not a sure thing yet and dismissed suggestions that the Fed could soon cut interest rates.
Inside Mike Johnson’s Israel aid play
Core price inflation picked up in September
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Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more