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U.S. inflation holds steady at 2.7% in December, matching November’s pace

2 months ago 6797
  • Core inflation came in cooler than expected, rising just 0.2% on the month and 2.6% year-over-year, both 0.1% below forecasts.
  • The Fed’s 2% inflation goal is still out of reach, but this data shows some progress toward cooling price pressures.
  • Silver just exploded past $87/oz for the first time ever, up 210% in 13 months.
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