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US inflation rises slightly but core prices weaker than expected

City A.M. Wednesday, 15 January 2025 ()
US inflation rises slightly but core prices weaker than expectedUS inflation rose at a slightly weaker pace than expected last month, but it is unlikely to be enough to prompt the Federal Reserve into cutting interest rates in the near future. The latest figures from the Bureau of Labor Statistics showed that the headline rate picked up to 2.9 per cent in December, up [...]
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