Inflation Slows Down, Surprising Experts
Update: 2025-12-18
Description
Inflation Surprise: Consumer Prices Slow Down, Offering ReliefThe Labor Departments latest consumer price index report shows a surprising slowdown in inflation. Despite expectations of a steady rate, the index increased by 2.7% in November compared to the previous year, down from the 3% rise in September. This dip offers a bit of relief for those concerned about rising costs, but American inflation remains stubbornly above the Federal Reserves target of 2%. The tariffs imposed by President Trump have contributed to this upward pressure on prices. The Federal Reserve is now grappling with whether to continue cutting interest rates to boost the job market or wait for inflation to ease further.
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