CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve

CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve – CBS News

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New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve’s final interest rate decision of 2024. CBS News MoneyWatch correspondent Kelly O’Grady has more.

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