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 January Sees U.S. Wholesale Prices Increase, Highlighting Ongoing Inflation Challenges READ MORE Schroders Investment Insights: The Case for Gold in 2024 READ MORE Fed's Rate Hikes Propel Global Shift Away from U.S. Dollar, Says Atlantic Council READ MORE Zimbabwe Eyes Gold-Backed Currency to Fortify Financial Stability READ MORE How & Where to Buy Silver Coins [2024 Buyers Guide] READ MORE Add a Comment Cancel replyYour email address will not be published.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