BREAKING BREAKING BREAKING CPI š”
šŗšø Fed's Williams Highlights Potential Distortion in November CPI Data š
šŗšø Federal Reserve official Williams stated that certain 'technical factors' might have skewed the November Consumer Price Index (CPI) data, resulting in figures lower than the actual levels. Williams explained that specific real factors, related to the inability to collect data in October and early November, may have distorted some data categories, potentially lowering the CPI by approximately 0.1 percentage points. He also noted that the U.S. economy is currently in 'good shape' and hinted at a future decrease in interest rates, although he emphasized that he is not in a hurry to adjust monetary policy.
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