Inflation & Pricing - Gradual pass-through of tariff costs onto CPI inflation and consumer prices, with core goods prices rising at a 14% clip annually [2] - Services less energy are showing disinflation, rising at a 3% pace, driven by shelter cost disinflation, but this may be overstated [3][4] - Alleviating tariff cost pressures is a key lever to reduce pressures on businesses and potentially lower prices for consumers [9] - Since 2019, inflation has accumulated to approximately 25% [10] Economic Outlook & Growth - The US economy is supported by three "Apillars" of growth: affluent consumers, AI investment, and asset price appreciation (stock market gains) [11] - These pillars create a virtuous cycle but also represent a narrow and fragile foundation, with risks of an AI-related bubble and stock market correction [12][13][14] - Expects US growth of 19% next year, roughly on par with this year, supported by this narrow foundation [14] - Consumer spending is expected to grow at a moderate 15% pace [15] - Greater investment in AI-connected areas is anticipated [16] Economic Polarization - Expects greater polarization within and between economies, with the well-offs and AI-focused businesses driving most of the spending and investment [16][17]

Inflation Trends - US November Consumer Prices (CPI) rise 2.7% year-over-year, below the estimated +3.1% [1] - US November Core CPI rises 2.6% year-over-year, below the estimated +3.0% [1] - CPI way under, lowest since March 2021 [1] Market Expectations - January rate cut odds jump to 29% [1]

For years, the pre-eminent federal data release for US equity traders had been the monthly report on consumer prices. Now, investors await the next announcement mostly with a sense of apathy https://t.co/7BqFUP27X9 ...

Consumer Price Index (CPI) - China's consumer prices edged up, indicating a slight increase in inflation [1] - Deflationary pressures remain persistent despite the increase in consumer prices [1] Producer Price Index (PPI) - Factory prices experienced a decline, reflecting ongoing deflationary trends [1] Demand Concerns - Weak demand is a primary concern, suggesting potential economic challenges [1]

Bets on rising consumer prices in Japan are keeping a lid on bond yields when adjusted for inflation, in turn reducing their ability to support the yen https://t.co/3cJjVLq2l2 ...

Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year https://t.co/rzFj2jNegq ...

Economic Overview - China is facing consumer prices that are too low while the rest of the world battles inflation [1] Potential Risks - The report suggests exploring what could happen if Beijing fails to address the low consumer prices [1]

While the rest of the world battles inflation, China is facing consumer prices that are just too low.@jenni__marsh explains what could happen if Beijing fails to hit the brakes https://t.co/0zj9pc3Bik https://t.co/NhzU94TNIJ ...

Inflation Trends - Colombian consumer prices rose at the fastest pace in more than a year [1] Monetary Policy Implications - The rise in consumer prices strengthens the argument against monetary easing advocated by the government [1]

China’s consumer prices unexpectedly rose in October, as holidays during the month boosted travel, food and transport demand https://t.co/uObS5IVg0o ...