Wednesday, November 27, 2024

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HomeVideoHow December's inflation uptick complicates Federal Reserve's plan to lower interest rates

How December’s inflation uptick complicates Federal Reserve’s plan to lower interest rates

New data shows that inflation ran a little higher at the end of the year than expected but slowed down significantly in 2023. Consumers are still hesitant to embrace the economy’s strength, a theme that was consistent throughout last year’s strong economic performance. Amna Nawaz discussed the latest numbers and what might be ahead with Federal Reserve Bank of Atlanta President Raphael Bostic.

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