The consumer price index in the United States in November rose by 7.1 percent from the same month last year.
The pace of inflation has slowed from the previous month for five months in a row.
The latest figure is likely to fuel speculation that the US Federal Reserve will slow down the tempo of its interest rate hikes at a policy meeting to be held from Tuesday.
The pace of inflation has slowed from the previous month for five months in a row.
The latest figure is likely to fuel speculation that the US Federal Reserve will slow down the tempo of its interest rate hikes at a policy meeting to be held from Tuesday.
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Summary
U.S. Consumer Price Index in November increased by 7.1% YoY, marking a decrease in inflation rate compared to previous months with a five-month slowdown. This latest figure may prompt speculation about the Federal Reserve potentially reducing interest rate hike tempo at an upcoming policy meeting
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ID: 1038f4ca-5388-4829-a034-e48b8808ce47
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20221214_02/
Date: Dec. 14, 2022
Created: 2022/12/14 07:23
Updated: 2025/12/09 10:26
Last Read: 2022/12/14 07:47