US inflation rate slows as fuel costs fall

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US inflation rose 7.1% over the 12 months to the end of November, dropping from 7.7% in October. …

The rent on his girlfriend’s one bedroom apartment jumped from $2,100 a month to nearly $3,000, forcing the couple to find a cheaper place. He said even if inflation starts to cool, he will be paying higher rates on the credit card debt he accumulated during the pandemic, when he lost his job.

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