Inflation up 2.9% year-over-year in latest CPI report

Inflation up 2.9% year-over-year in latest CPI report

Inflation up 2.9% year-over-year in latest CPI report – CBS News

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The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O’Grady has more.

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