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U.S. Inflation Cools to 2.9% in November, Fueling Hopes for a Fed Rate Cut
EconomyEN
U.S. Inflation Cools to 2.9% in November, Fueling Hopes for a Fed Rate Cut

The U.S. Consumer Price Index (CPI) for November rose 2.9% year-over-year, below expectations. This fuels speculation about a Federal Reserve interest rate cut in 2026.