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Time for the Fed to declare victory on inflation? Not yet

Time for the Fed to declare victory on inflation? Not yet

A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022.

Michael Nagle | Xinhua News Agency | Getty Images

December’s monthly decline in the consumer price index gets the Federal Reserve a step closer to beating inflation, though they’re highly unlikely to signal an easing of policy anytime soon.

The key inflation gauge fell 0.1% for the month, in line with market expectations and was the biggest…


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