#CPI_DATA

The U.S. Consumer Price Index (CPI) for November 2024, released today, shows an annualized inflation rate of 2.7%, slightly up from October's 2.6%. Core CPI, excluding food and energy, remained stable at 3.3%. This data aligns with expectations and supports speculation about a Federal Reserve rate cut in December, likely by 25 basis points. Markets reacted positively, with the Nasdaq reaching 20,000 for the first time. Economists suggest that inflation remains manageable.