Tuesday, November 14, 2023

Inflation Cools More Than Expected (Newser Breaking News)

Newser Newsletter
November 14, 2023
 
Happening Now

The new inflation report is out, and it's likely to make the Federal Reserve pretty happy: It cooled down last month in a sign that the Fed's interest rate hikes are having the desired effect, per the AP. Key numbers: Tuesday's report from the Labor Department showed that lower gas prices helped cool overall inflation, which was unchanged from September to October and down from the 0.4% jump the previous month. Keep reading
 
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