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  • 9 months ago
November’s consumer price index came in well below expectations, with headline inflation at 2.7% and core CPI at 2.6%, sparking a rally in stocks.

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00:00November's consumer price index came in well below expectations, with headline inflation at 2.7% and core CPI at 2.6,
00:07sparking a rally in stocks, a drop in bond yields, and higher odds of Federal Reserve rate cuts.
00:13Economists cautioned, however, that the delayed release following the government's shutdown may have artificially depressed inflation readings,
00:20particularly in housing-related categories like owners' equivalent rent.
00:24Many analysts warn the report is potentially biased downward, suggesting inflation could re-accelerate in the coming months as the data normalizes.

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