U.S. inflation figures for November are on tap
Price increases have eased this fall from a four-decade high earlier in year, while Federal Reserve continues to move aggressively
In 2021, officials thought that high inflation would be temporary. But a year later, it was still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected. Illustration: Jacob Reynolds
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US inflation report may show further slowing of price spikesA high-profile report on inflation to be released Tuesday morning could show another month of cooling prices and add to evidence that the pressures on American households are gradually easing.
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