Key Fed inflation measure shows 2.4% rate in November, lower than expected
- The key Fed inflation measure shows a rate of 2.4% in November, which is lower than expected.
- This lower rate indicates that inflation is cooling, contrary to analysts' predictions of a higher increase.
- The lower-than-expected rate could influence future monetary policy decisions.
- Market reactions are anticipated based on this inflation data.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right10Center12Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 27%
C 40%
R 33%
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