US consumer prices rose less than expected for a second straight month in November amid declines in the costs of petrol and healthcare as well as used cars and trucks, resulting in the smallest annual increase in inflation in nearly a year.Underlying consumer prices advanced by the least in 15 months, the report from the United States Department of Labor on Tuesday showed, clearing the way for the Federal Reserve to start scaling back the size of its interest rate hikes on Wednesday.While Americans still faced higher costs for rental housing, economists expected a moderation next year. The report was published as officials at the US central bank gathered for their final two-day policy meeting of the year.
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