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Inflation slowed in November ahead of Federal Reserve meeting

Inflation slowed in November ahead of Federal Reserve meeting
Inflation slowed in November ahead of Federal Reserve meeting – CBS News

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The Labor Department reported Tuesday that the Consumer Price Index rose 7.1% over the last 12 months, the slowest rate of inflation since December of 2021. William Lee, chief economist for the Milken Institute, joined CBS News to discuss the latest data.

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