Inflation Eases Slightly, But Tariffs' Impact Lingers
Update: 2025-12-18
Description
Inflation eased slightly in November, with prices rising 2.7% from a year earlier, according to the Labor Department. This improvement is mainly due to lower gasoline and new vehicle prices. However, the report didnt include October data due to the government shutdown, making it difficult to understand economic trends. The annual inflation rate has been steadily climbing since President Trump introduced tariffs, adding about 0.7 percentage points to the inflation rate through September. Economists question the accuracy of the November data due to the government shutdown and Thanksgiving holiday. The lingering inflation complicates the Federal Reserves job as they consider lowering interest rates.
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