Government Says, Inflation in December Was Even Lower Than First Reported The U.S. government has announced that inflation in December was even lower than initially reported. The revised data shows that prices for a wide range of goods and services rose by 0.2% for the month, which is lower than the first estimate of 0.3%. This slight adjustment indicates that inflation was cooling down as 2023 began, potentially giving the Federal Reserve more room to reduce interest rates later in the year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Hedge Fund That’s Up 227% Makes Bet on Gold READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE Biden Administration Erases $1.2 Billion in Student Debt for 150,000 Americans READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment