Mixed Economic Signals: CPI Report, Soft Landing Hope, Fed's Impact, and Miserable Year
TL;DR Summary
Consumer prices in the US rose at a slower annual rate of 3.1% in November, mainly due to a decline in gasoline prices. However, core prices, which exclude food and energy, remained steady at a 4% annual pace, indicating that underlying inflationary pressures persist.
- The November CPI Report Is Out. These Are the Key Points. Barron's
- Economic Data Raises Hope for Soft Landing: 5 Top Picks Yahoo Finance
- Fed May Put a Damper on Goldilocks Soft Landing. What Could Go Wrong. Barron's
- No Recession, But People Are Miserable as Year Nears End Bloomberg
- Hold the Champagne on the economy The Hill
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