Inflation Holds Steady at 2.7% in November: What It Means for 2025

Inflationary pressures in the U.S. economy showed signs of slowing in 2024, but the November Consumer Price Index (CPI) report highlights the challenges that remain. According to Wells Fargo’s Economics Group, consumer prices increased by 0.3 percent in November, marking the highest monthly gain since April 2024 and pushing the annual inflation rate to 2.7 […]