From 33m ago 08.37 EST US inflation rises to 3.4% Newsflash: US inflation has risen, in a blow to the White House ahead of November’s presidential elections. Consumer prices rose by 3.4% in the year to December, new data shows, as American households were hit by pricier housing costs and energy. That’s up from an annual rate of 3.1% in November, when cheaper gas prices slowed the rising cost of living in America . Economists had expected a smaller rise, to 3.2%. 🇺🇸 Inflation Rate YoY (Dec) Actual: 3.4% Expected: 3.2% Previous: 3.1% https://t.co/mnhtnHLK3f — DailyFX Team Live (@DailyFXTeam) January 11, 2024 In December alone, prices…
