CPI Justifies The Market's Exuberance This Time
DECEMBER 14, 2022 • JONATHAN LEVIN
Reaction: Nov US CPI cools down, spelling relief for markets. Wall St rises after CPI data but Fed concerns persist
Consumer prices rose less than expected in November, up 7.1% from a year ago
Inflation cools in November for the second-straight month. CPI Inflation Falls to 7.1% YoY In November: Weekly Stat
The Effective Federal Funds Rate number is for the last day of each month. The data pre-date the Dec. 14 rates decision. CPI data is not seasonally adjusted.
CPI Report: Inflation Was Slightly Less Terrible in November