Consumer prices rose less than expected in November, giving investors hope that inflationary pressures may be cooling enough for U.S. monetary policy to be eased more than Wall Street anticipates.
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November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows - CNBC
Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
By:Fred Imbert
Source:CNBC
Published:
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