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 Economic Recession and Yen Depreciation Push Japan Behind Germany READ MORE Currency Watch: Dollar Rises, Eyes Set on Upcoming U.S. Inflation Insights READ MORE Summer Oil Spike Looms, Morgan Stanley StrategistAlerts READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE Fed Expected to Hold Rates Steady READ MORE Add a Comment Cancel replyYour email address will not be published.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