Government Says, Inflation in December Was Even Lower Than First Reported 📅 Published on: February 9, 2024 The U.S. government has announced that inflation in December was even lower than initially reported. The revised data shows that prices for a wide range of goods and services rose by 0.2% for the month, which is lower than the first estimate of 0.3%. This slight adjustment indicates that inflation was cooling down as 2023 began, potentially giving the Federal Reserve more room to reduce interest rates later in the year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve Shows Little Urgency to Cut Interest Rates READ MORE China's Growing Gold Appetite READ MORE Pandora's Sustainable Shift: Embracing Recycled Precious Metals READ MORE Despite High Inflation Reports, Fed's Barkin Eyes Future Rate Normalization with Caution READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment