U.S. FIG Unchanged
U.S. inflationary pressures were unchanged in November, as the U.S. future inflation gauge held at 98.3 from a revised 98.3 in October, originally reported as 99.2, according to data released Friday morning by the Economic Cycle Research Institute.
“Since its March peak, the USFIG has remained in a cyclical downswing, and is now hovering around its lows for the year. Thus, inflation pressures remain subdued,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.
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