US consumer prices likely posted largest annual increase in 1-1/2 years in November

Contributing sentiments towards policy:

46% : " President Donald Trump's sweeping import duties have raised prices for many goods, though the tariff pass-through has been gradual as businesses worked through inventory accumulated prior to the tightening of trade policy and also absorbed some of the taxes, evident in moderate new motor vehicle price increases. TARIFFS ARE HURTING CONSUMERS "Retailers are in the middle of the process of pushing tariffs onto consumers, and had passed on about 40% of the total by September," said Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics.

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