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MoneyWatch: Inflation cools for fifth straight month ahead of key Fed announcement

MoneyWatch: Inflation cools for fifth straight month ahead of key Fed announcement – CBS News

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The annual inflation rate hit 7.1% in November, the fifth straight month that consumer prices cooled off. Lori Bettinger, president of BancAlliance, joins CBS News’ Elaine Quijano and Lana Zak on how this could affect the Federal Reserve’s announcement Wednesday on interest rates.

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