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December 15, 2006
Consumer Prices Steady In November
Consumer prices remained flat in November, indicating that the economy is not overheating. Core inflation, which excludes food and energy, was at its lowest level since June 2005.
Meanwhile, production and manufacturing was up in the month, the Labor Department said. The news is expected to leave the federal-funds rate unchanged at 5.25%.
Posted by Blacks on December 15, 2006 09:48 AM
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