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Delayed November US inflation data shows slowdown to 2.7%, below 3.1% forecast

According to the Bureau of Labor Statistics, the Fed's preferred inflation gauge (consumer price index) rose at a 2.7% annual pace, well under the 3.1% economists expected. The core CPI number came in softer too, rising 2.6% over the past year instead of the 3% forecast. That measure excludes food and energy, and it usually [...]

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