Photo: Visitors ride electric scooters near the Marriner S. Eccles Federal Reserve building in Washington, D.C., on November 20, 2021. Visitors ride electric scooters near the Marriner S. Eccles Federal Reserve building in Washington, D.C., on November 20, 2021.

A string of disappointing inflation data has forced the Federal Reserve to reset the clock on its first interest rate cut and re-evaluate the trajectory of price growth.

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