Non Paywalled: https://archive.is/EUXhe
Underlying US inflation rose in November from a year earlier at the slowest pace since early 2021, according to a report complicated by the federal government shutdown.
Wow! But how?
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Core CPI inflation in the US at its lowest level since March 2021.
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The largest monthly declines since 2023!
While everyone expected +10 basis point increase, it actually fell on the face by -40 basis points.
So, inflation is now at its closest point to the Fed's 2% target since the pandemic.
2026 predictions, huhhh??