Analysts expect the November CPI report to show core inflation at 0.3% for the fourth straight month

According to Jinshi Data, analyst Anna expects the November CPI report to show core inflation at 0.3% for the fourth consecutive month. This is consistent with an annual inflation increase of more than 3%, which is higher than the Fed's 2% target.

The disinflationary progress of the core CPI appears to have stalled since mid-year. This will be a topic of discussion at the December FOMC meeting.