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Home Business & Finance Economic Policies

Higher Shelter Costs Bump Inflation up to 2.6%

November 13, 2024
in Economic Policies
Reading Time: 1 min read
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U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress towards low inflation has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.

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