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Fed officials say latest inflation data helpful as they await Trump policies

Federal Reserve officials noted that inflationary trends were improving, citing a deceleration in core inflation to 3.2% in December. They highlighted the crucial role of this metric in understanding price pressures.

With the new Trump administration nearing, concerns mount regarding potential economic policy shifts. However, strong employment figures indicate a resilient economy, allowing the Fed to maintain their interest rates in the immediate future.

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