Consumers may feel relief after inflation slowed in November

(The Hill) -- A November slowdown in inflation could give consumers relief both from rising prices and rapidly rising interest rates.Consumer price index (CPI) data released Tuesday by the Labor Department still showed inflation near 40-year highs. But a slower pace of price growth may help Americans catch a break from more than a year of rapid inflation, all while giving the Federal Reserve room to hike interest rates at a slower pace.The annual inflation rate fell to 7.1 percent in November, d