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 3,000-Year-Old Phoenician Gold Artifact Discovered in Jerusalem READ MORE Here’s why high interest rates haven’t caused a US recession READ MORE The Growing Shadow of Credit Card Debt: A Crisis Looming Over American Consumers READ MORE Interest Rate Outlook: Fed Plans Cautious Cuts After Inflation Assessment READ MORE Cash's Comeback: Investors and Corporates Bet Big Despite Rate Cut Delays READ MORE Add a Comment Cancel replyYour email address will not be published.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
