#CPI Watch — Latest Inflation Update 📊
📌 The most recent U.S. Consumer Price Index (CPI) data shows that inflation cooled more than expected in November:
➡️ Headline CPI rose by 2.7% year-over-year, coming in below forecasts and signaling easing price pressure. �
Bureau of Labor Statistics +1
📉 Monthly price changes also reflected modest gains in consumer costs compared to prior months, as inflation growth slowed overall. �
Investing.com
💡 Despite the softer reading, economists caution that data may be influenced by missing survey collection during a government shutdown, which could distort the true inflation trend. �
Barron's
✨ Key Insight:
Inflation is still above the Federal Reserve’s target, but the recent CPI suggests cooling price pressure — a potential tailwind for markets and the dollar. �
