Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease 

A SALES associate helps a shopper looking at a piece of furniture at a a Costco warehouse in Sheridan, Colo.The Federal Reserve’s preferred measure of inflation fell last month in another sign that prices are easing in the face of the central bank’s interest rate hikes. / ASSOCIATED PRESS FILE PHOTO / DAVID ZALUBWOSKI

WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation fell last month in another sign that price pressures are easing in the face of the central bank’s interest rate hikes.  Friday’s report from the Commerce Department showed that U.S. consumer prices slid 0.1% last month from October and rose 2.6% from November 2022. The

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