#CPIWatch 🪄🍀
New U.S. inflation data for November shows CPI at 2.7%, below expectations of ~3.1% and softer than October figures - signaling slower price growth than markets forecast. However, this report may be distorted due to delays in data collection caused by a federal government shutdown, so economists urge caution in interpreting the numbers. Despite the cooler headline, many households still feel high costs for essentials, and the Fed will likely wait for clearer future data before changing interest rate plans
