๐๐๐Tomorrow's CPI: Two-Month Update After Shutdown, Eyes on Sticky 3% Inflation
The November CPI release is expected to show headline inflation at about 3.1% and core around 3.0โ3.1%, both still above the Fedโs 2% target. Because the October report was canceled due to the shutdown, this release effectively covers two months and could have an unusually large impact on Fed policy expectations and markets.