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Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February
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Fresh data showing inflation eased in December are likely to keep the Fed on track to reduce the size of interest-rate increases to a quarter-percentage-point at its meeting that concludes on Feb. 1.
The Labor Department reported Thursday that consumer prices fell in December, largely reflecting lower energy prices. The consumer-price index declined 0.1% from November. The index was up 6.5% for the year, down from a recent peak increase of 9.1% in June.
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Fed Sets Course for Milder Interest-Rate Rise in February wsj.com /1 year ago
Fed Sets Course for Milder Interest-Rate Rise in February wsj.com /1 year ago
Fed Sets Course for Milder Interest-Rate Rise in February wsj.com /1 year ago
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