November's inflation numbers.
from Tangle
by Isaac Saul
Published: Mon Dec 19 2022
Show Notes
Last month, consumer prices rose 7.1% from a year ago, down from 7.7% in October and the peak of 9.1% in June. On a month-to-month basis, inflation rose just 0.1%. Core CPI, which excludes more volatile food and energy costs, was up 0.2% from October to November, the lowest month- to- month increase since August of 2021.All of these numbers came in lower than economists expected, which spurred a momentary stock market rally. Today, we're going to take a look at some reactions to the latest numbers, then my take.
Today’s clickables: Quick hits (1:41), Today’s story (3:21), Right's take (7:14), Left's take (),Isaac’s take (),Your Questions Answered (),Under the Radar (),Numbers (),Have a nice day ().
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