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flag Inflation rose faster than expected in December, driven by higher housing, transportation, and service costs, raising concerns about the Fed meeting its 2% target.

flag Inflation in December rose faster than anticipated, according to new data, signaling continued pressure on consumer prices despite earlier signs of moderation. flag The increase was driven by higher costs in housing, transportation, and services, prompting concerns about the Federal Reserve’s ability to meet its 2% inflation target in the near term.

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