Government Says, Inflation in December Was Even Lower Than First Reported 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 Oil Prices Continue to Drop as US Crude Stockpiles Surge READ MORE Goldman’s $2,175 Target READ MORE Emergency Efforts Underway to Rescue 13 Miners in Russian Gold Mine READ MORE Treasury Yields Dip Ahead of Fed Rate Decision READ MORE Federal Reserve Reveals Over 1,800 Banks Accessed Emergency Funds Post-SVB Collapse READ MORE Add a Comment Cancel replyYour email address will not be published.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