US Core Inflation Slows Below Estimates to 0.2% M/M

The core US consumer price index rose 0.2% in November and was up 6% from a year earlier, according to a Labor Department report Tuesday. The median estimates in a Bloomberg survey of economists called for a 0.3% rise in both the core and overall measures. Bloomberg's Mike McKee has the numbers on "Bloomberg Surveillance."

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[calculatedrisk]

Redefine transitory? Why not....we're redefining anything that doesn't fit the narrative these days.

[christianduval]

Diesel remain high....food and goods travel with gasoline

[colombadellapace]

BRUH! Just how many bots are under these videos!
Please guys do not click on strange links and do not belive what they say, they are made to steal money from you if you fell into their trap.

[Alexandrite.]

It’s only less than forecast guys, the takeaway message is that inflation is STILL rising.

[civilcitizen]

*BIDEN HAD NOTHING TO DO WITH THIS! The numbers are looking better* 🤣😆

[fernendo]

Buying dividend stocks like Big Lots, Algonquin Power and Aecon Group 💵🤑🚀

[praveenspike]

The possibility of a interest rate hike pause is possible, don't see a 50 bps increase is necessary for the time being.