November CPI Report Expected To Show Core Inflation Rate At 0.3% For Fourth Consecutive Month

According to Odaily, analyst Anna anticipates that the Consumer Price Index (CPI) report for November will reveal a core inflation rate of 0.3% for the fourth consecutive month. This figure aligns with an annual inflation increase exceeding 3%, surpassing the Federal Reserve's target of 2%. Since mid-year, the process of reducing core CPI has seemingly stalled. This development is expected to... source: https://www.binance.com/en/square/post/17424819504938?utm_source=BinanceNewsRSS