🔥 CPI Watch: US Inflation Falls to 2.7% in November 🔥
US annual inflation has dropped to 2.7% in November, beating expectations! 📉 This could impact the Fed's next move 🤔. Here's what's happening:
- *Energy Prices*: Up 4.2% YoY
- *Food Prices*: Up 2.6% YoY
- *Core CPI*: Up 2.6% YoY
What's next? The Fed might start cutting rates 🔓. Market's pricing in a 25bps cut in December 🤑.
Stay tuned for #USJobsData and #USNonFarmPayrollReport!
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