Inflation drops to lowest level in months, defying expectations of uptick
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Inflation rose 2.7% annually in November, below estimates. Here's what it could mean for markets
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New data from the Bureau of Labor Statistics shows inflation cooled in November, with consumer prices rising at a 2.7% annual rate — lower than economists expected. @sorkinsays breaks down why the delayed CPI report may warrant caution, and what it could mean for the Fed’s next move. | Morning Joe
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After President Trump spoke about inflation, new government data shows prices are rising more slowly than earlier this fall. The latest CPI report puts inflation at its lowest level in months, but the picture isn’t simple. More: https://www.11alive.com/article/syndication/associatedpress/us-consumer-prices-decelerated-unexpectedly-in-november-rising-27-from-a-year-earlier/616-eafed227-e883-457f-8e38-073692c604da?utm_medium=social&utm_source=facebook_11Alive | 11Alive
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