Held down by sinking gas prices, U.S. inflation was mostly unchanged last month. But underlying price pressures — from apartment rents, restaurant meals, auto insurance and many other services —
WASHINGTON (AP) Held down by sinking gas prices, U.S. inflation was mostly unchanged last month. But underlying price pressures from apartment rents, restaurant meals, auto insurance and many other services remained stubbornly high. Last month’s inflation data arrived just a day before the Federal Reserve will end a two-day policy meeting and […]
The picture of inflation that emerged from the government’s November price data was a mixed one. Overall consumer inflation slowed. But underlying price pressures — from apartment rents, restaurant meals,