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US inflation rose to 2.7% in November

  • Us inflation increased by 2.7% in november, according to the latest inflation report.
  • The moderate inflation growth may encourage the federal reserve to continue cutting interest rates at its upcoming meeting.
  • President joe biden highlighted lower inflation, which peaked at over 9% in june 2022 during his term.
  • The inflation rise is not significant enough to discourage the federal reserve from its current plans.
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franktrades.com broke the news in on Tuesday, December 10, 2024.
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