US inflation stayed high in November, exceeding the Federal Reserve's target. This suggests policymakers will likely hold interest rates steady. Consumer spending showed strength, but economists warn of weakening fundamentals. The Fed is assessing earlier rate cuts and new trade pressures. Core inflation also remained elevated, indicating slow progress on price stability.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JHB09W4
https://ift.tt/M7t25N8
