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LATEST US DATA

November inflation picks up on energy costs

Softer details of latest CPI report could play a role in timing and number of rate increases in 2018

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US inflation picked up in November thanks to a jump in energy prices yet unexpectedly cooled when excluding food and fuel costs, which could factor into Federal Reserve discussions this week on how fast to raise interest rates.

Washington

US inflation picked up in November thanks to a jump in energy prices yet unexpectedly cooled when excluding food and fuel costs, which could factor into Federal Reserve discussions this week on how fast to raise interest rates.

The...

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