The annual rate of US consumer inflation has fallen back in November after a short-lived bounce in October. Consumer price index (CPI) figures released by the Bureau of Labor Statistics indicated seasonally-adjusted consumer prices remained unchanged in November, down from October’s +0.3% but in line with consensus expectations. On a 12-month basis, the consumer inflation rate slowed to 2.2% after rebounding to 2.5% in October. “Core” inflation, a measure of...