MACRO
US Core Inflation Slows, Giving Fed Some Breathing Room on Rates
The consumer-price index climbed 7.1% in November from a year ago, down sharply from 7.7% in October. Excluding food and energy, the consumer price index rose 0.2% in November and was up 6% from a year earlier, according to a Labor Department report Tuesday. Economists see the gauge — known as the core CPI — as a better indicator of underlying ...