Inflation Ticked Up In December, Deepening Housing Market Strain: Prosperity Now Urges Bold Action
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The December Consumer Price Index (CPI) report here reveals that inflation remains stubbornly above the Federal Reserve’s 2% annual target. This is with the CPI rising 2.9% over the 12 months ending in December—a slight increase from November’s 2.7% annual gain. This marks the largest rise since July and the third consecutive month of increased…
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