CPI Increased Less Than Expected

The final big economic shoe to drop this week did so in pleasing fashion: the Consumer Price Index (CPI) report for November came in below expectations in a big way: +0.2% on headline and core (subtracting volatile food and energy prices) are below the +0.3% expected for both prints, which were where we left off these figures in September. (CPI for October has been scrapped.)Year over year headline CPI is also known as the Inflation Rate, and this came in surprisingly low: +2.7%, from a consensus expectatio ...