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U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

14 November 2024 at 03:07
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

© Philip Cheung for The New York Times

While the latest inflation data was in line with what forecasters had expected, that was in part because apparel prices dropped sharply, a likely one-off.
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