US November Inflation Eases to 2.7%, Slowing from Expectations

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Source: CNBC
US November Inflation Eases to 2.7%, Slowing from Expectations
Photo: CNBC
TL;DR Summary

In November, U.S. consumer prices increased by 2.7% annually, lower than expected, suggesting easing inflation pressures and influencing expectations for potential monetary policy easing by the Federal Reserve. The report, affected by the government shutdown, showed cooler core CPI growth and boosted investor optimism, with stock futures rising.

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