Inflationary pressures were unchanged in November, as the U.S. future inflation gauge held at 98.3, according to data released Friday morning by the Economic Cycle Research Institute.

"Since its March peak, the USFIG has remained in a cyclical downswing, and is now hovering around its lows for the year. Thus, inflation pressures remain subdued," ECRI chief operations officer Lakshman Achuthan said in a release.

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