Inflation Finally Peaked

New Consumer Price Index (CPI) data was released, revealing that inflation had dropped on a year-over-year basis from 8.2% in September to 7.7% in November. This is welcomed news. Don’t get me wrong, 7.7% inflation is still unacceptably high, and no one should be cheering yet. But the fact that the year-over-year inflation rate has fallen four months in a row is a good sign. Find out more through this article!

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