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 Dollar Nears Monthly Peak Amid Rising US Yields and Anticipation of Rate Cuts READ MORE Was I Wrong About $20,000 Gold & Who Wins? READ MORE Options Markets Signal Investor Unease Ahead of Pivotal Economic Week READ MORE Dow Tumbles 760 Points as Market Reacts to Recession Worries READ MORE Investors Flock to Safe Havens After Trump Assassination Attempt READ MORE Add a Comment Cancel replyYour email address will not be published.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