Consumer price index rose 2.7% in year to December, in line with November, as president feuds with Fed over rate cutsUS politics live – latest updatesUS inflation held firm last month as Donald Trump faces mounting pressure over the cost of living for millions of Americans.The closely-watched cons umer price index rose 2.7% in the year to December, in line with the previous month, according to official data published on Tuesday morning, ahead of a speech by the US president on the economy. Continue reading... ...read more read less