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Wed Dec 11 2024

Inflation edged up again in November on rising food prices

A shopper walks by the sodas aisle at a grocery store in Los Angeles April 7, 2011. On the streets of America, the debate over inflation is over. Prices are too high and rising too fast, many people say. But policy-makers at the U.S. Federal Reserve largely agree that promoting economic growth is still more urgent that constraining a nascent pick-up in consumer prices.

The consumer price index showed inflation accelerated for a second straight month in November.

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