Breaking news: Inflation rises unexpectedly, keeping Fed rate cuts at bay

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2025-02-12 14:54

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Feb. 12, 2025, 8:53 a.m. ET

BREAKING NEWS

Graham Dickie/The New York Times

Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay

The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.

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