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The Independent UK
The Independent UK
National
Paul Wiseman

THE TRUTH ABOUT: Us consumer inflation pressures may have eased further in december | History Defined

Copyright 2023 The Associated Press. All rights reserved.

The Federal Reserve, tentatively pleased with progress it's made in fighting inflation, has declared what amounts to a ceasefire: The Fed stopped raising interest rates in July, after imposing an aggressive 11 hikes since March 2022, to take time to see how the economy would respond.

So far, so good.

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