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US consumer prices increase strongly in December

January 12, 2022 10:22 PM

WASHINGTON (REUTERS) – US consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which could bolster expectations that the Federal Reserve will start raising interest rates as early as March.

Source : https://www.straitstimes.com/business/economy/us-consumer-prices-increase-strongly-in-december

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