U.S. Inflation Rises 3.1% Above Federal Reserve's Target
U.S. Inflation Hits 3.1% in November: What This Means for You.
In November 2023, the United States experienced an inflation rate of 3.1%, surpassing the Federal Reserve's long-term target. This increase supports the central bank's argument to maintain current interest rates, making it a crucial talking point for economists, investors, and everyday consumers alike.
The Consumer Price Index (CPI), an essential measure…