Markets Rally as November Inflation Comes in Below Forecast at 2.7%

TLDR Consumer prices climbed 2.7% annually in November, missing the 3.1% economist forecast Core inflation posted a 2.6% year-over-year gain, also below the 3.1% projection The Bureau of Labor Statistics skipped October’s report due to the government shutdown Inflation readings stay above the Federal Reserve’s 2% target level Traders see just a 25% probability of [...]

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