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2007 Inflation Rate

News Flash: 2007 Saw Fastest Inflation Jump in 17 Years

Consumer prices rose in 2007 at the fastest pace since 1990. Prices rose the most for energy, food, health care, housing and education but they fell for clothing, new cars and computers. Core inflation — which the Fed closely monitors and excludes food and energy — dropped slightly and that's a sign of economic slowdown. This will be a big talking point when the Fed meets on January 30.


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