The Economic Times News

US consumer prices decelerated unexpectedly in November, rising 2.7% from a year earlier

America's inflation slowed more than expected last month. The consumer price index rose 2.7 percent in November compared to the previous year. This report, delayed by a government shutdown, offers a new look at prices. Inflation remains above the Federal Reserve's target. President Trump's tariffs have put upward pressure on prices. The Fed is considering interest rate decisions.