U.S. Inflation Firms in November; Fed Seen on Hold
WASHINGTON (Reuters) – U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve’s intention not to cut interest rates again in the near term after reducing borrowing costs three times this year. The report from the Labor Department on Wednesday also showed underlying …
News story posted on 2019-12-11T14:42:00.0000000Z
