Inflationary Data Signal Prices Are Rising, While FOMC Assures Markets over the Outlook for the Economy |
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This week dear reader was highlighted by inflationary data as well as the Federal Open Market Committee decision on interest rates, moreover, where the consumer price index and the producer price index both signaled that prices rose in November, while the FOMC decided to leave the benchmark interest rates steady, as the US economy is still facing challenges ahead. The PPI and the CPI both signaled that prices increased in November as energy prices rose and as economic activity continued to
Filed under: Fundamental
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