Reported about 22 hours ago
US import prices experienced a slight rise of 0.1% in November, primarily driven by higher food and fuel costs, though this was tempered by decreases in other areas due to a strong dollar. Annual import prices climbed by 1.3%, while core import prices remained stable, indicating potential easing of inflation pressures. Despite fluctuations in consumer and producer prices, economists expect modest rate cuts may be on the horizon, although plans for increased tariffs under the incoming administration could limit these cuts.
Source: YAHOO