Golden Finance reported that the Federal Reserve's favored inflation measure was moderate in November, a step in the right direction for policymakers as they seek further interest rate cuts in 2025. The data should help ease Fed officials' concerns about the outlook for inflation. Federal Reserve officials this week released updated forecasts showing higher prices and interest rates in 2025. The new forecasts triggered a sell-off in U.S. stocks as investors priced in expectations of policy tightening. Details on prices point to a broad-based slowdown in inflation. Prices for core services, a closely watched category that excludes housing and energy, rose 0.2% month-on-month to their lowest level since August. Core commodity prices, excluding food and energy, fell for the first time in three months. (Golden Ten)