US November unadjusted core CPI annual rate was 2.6%, below the expected 3%. The US November unadjusted CPI annual rate was 2.7%, below the expected 3.1%. ...

US prices rose 2.7% in the year to November, according to federal data released a day after Donald Trump claimed they were falling “very fast” on his watch.The latest consumer price index, released on Wednesday morning, was down from 3% in September, and short of economists’ expectations of about 3.1% for last month.It comes amid questions over the strength of the US economy. The longest US federal government shutdown in history halted collection of key data. There was no inflation report for October, and d ...

🇺🇸 JUST IN: US inflation cooled to 2.7%, below market expectations. ...

Breaking: Inflation eased to 2.7% in November, less than expected https://t.co/EW3TQnqtor ...

US inflation slowed to 2.7% in November, a welcome change for Americans weighed down by the persistently high cost of living. https://t.co/t8lWZHwAaI ...

Iran’s currency depreciated to record lows against the dollar this week as multiple challenges including oil sanctions, regional tensions and spiraling inflation plague the economy https://t.co/XFW83BvirV ...

Core Insights - Consumer prices increased by 2.7% in November compared to the previous year, indicating a deceleration from the 3% rise observed in September [1] Group 1 - The inflation rate of 2.7% in November reflects a slowdown in consumer price growth [1] - The previous inflation rate of 3% in September serves as a benchmark for the current trend [1]

Inflation Data - US CPI annual inflation for November rises 27%, below expectations of 31% [1] - Core CPI inflation increased 26% year-over-year, compared to forecasts for a gain of 30% [1]

Core Inflation Data - The Consumer Price Index (CPI) rose 2.7% year-over-year in November, lower than the expected 3.1% increase [1] - On a core basis, excluding food and energy, prices increased by 2.6% year-over-year, also below the anticipated 3.1% [2] Economic Context - The November inflation data is the first reading since October's report was canceled due to a government shutdown, providing no month-on-month comparisons [2][3] - In September, both headline and core CPI measures had risen by 3% compared to the same month the previous year [3] Federal Reserve Insights - The Federal Reserve aims for a 2% inflation target, with the latest core personal consumption expenditures (PCE) index showing a 2.8% increase year-over-year [4] - Economists predict that inflation pressures may ease as demand cools, potentially allowing the Fed to maintain its current interest rates [4][5] Market Expectations - Bank of America economists suggest that goods inflation may remain persistent due to tariffs, while services inflation could soften, impacting the Fed's decision-making [5] - Current market expectations indicate a 25% chance of a rate cut by the Fed in the upcoming January meeting [5][6]

Inflation pressures eased more than expected in November, according to the latest data on consumer prices published by the Bureau of Labor Statistics on Thursday. The Consumer Price Index (CPI) rose 2.7% over the prior year in November, less than the 3.1% increase that had been expected by economists, according to Bloomberg estimates. On a "core" basis, which strips out the more volatile costs of food and energy, prices rose 2.6% over the prior year in November. Economists had also expected to see a 3.1 ...