Inflation moved up for a second month in ... The three-month moving average of job gains rose in November to 173,000, above the rate needed to keep up with population growth.

The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation ...