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Inflation slowed last month thanks to cheaper fuel and airfares.

The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Consumer Price Index, Federal Reserve System, Inflation (Economics), Interest Rates, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Renting and Leasing (Real Estate), United States Economy
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