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 (12:07), Isaac’s take (17:20), Your Questions Answered (19:56), Under the Radar (21:51), Numbers (22:36), Have a nice day (23:22).
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Our podcast is written by Isaac Saul and produced by Trevor Eichhorn. Music for the podcast was produced by Diet 75. Today’s episode was edited by Zosha Warpeha.
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