in the US continues to moderate, rising at an annual rate of 7.1 percent in November in the fifth-straight month of declines, new federal data show.The Commerce Department's Tuesday report on the showed inflation still remains uncomfortably high, but has fallen well below its recent peak of 9.1 percent in June. Markets cheered the new report, with futures indicating the Industrial Average pointing at a gain of more than 600 points at the open.
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