Reported 2 days ago
Inflation has stalled in November as the consumer-price index rose by 2.7%, marking the fastest increase in consumer goods prices in a year and a half, largely driven by vehicle prices. This situation presents a significant challenge for President-elect Trump as he aims to manage inflation while the Federal Reserve prepares for potential rate cuts. However, persistent inflation in services and rising costs in sectors like medical care complicate the economic outlook, prompting concerns among economists about the effectiveness of measures to control inflation.
Source: YAHOO