๐Ÿ”ฅ CPI Watch: US Inflation Falls to 2.7% in November ๐Ÿ”ฅ

US annual inflation has dropped to 2.7% in November, beating expectations! ๐Ÿ“‰ This could impact the Fed's next move ๐Ÿค”. Here's what's happening:

- *Energy Prices*: Up 4.2% YoY

- *Food Prices*: Up 2.6% YoY

- *Core CPI*: Up 2.6% YoY

What's next? The Fed might start cutting rates ๐Ÿ”“. Market's pricing in a 25bps cut in December ๐Ÿค‘.

Stay tuned for #USJobsData and #USNonFarmPayrollReport!

#CPI #Inflation #Fed #USD

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