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Higher US inflation signals slower pace of interest rate cuts

Summary by Times of Malta
A closely watched report by the US Bureau of Labour Statistics published on Wednesday showed that consumer prices inched up in line with economists’ expectations in November. The Consumer Price Index (CPI) rose by 2.7% during the 12 months ending in November, higher than the 2.6% increase reported in October. Compared to the prior month,...
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InflationInflation
MaltaMalta
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