The Consumer Price Index climbed 2.7% from a year earlier in November, down from 3.0% in September and under economist predictions of 3.1%. Core inflation, excluding food and energy, hit 2.6%—its lowest since March 2021—while shelter costs eased to 3.0% and food rose 2.6%. Released after an October government shutdown delayed data collection, the report cheered markets, lifted stock futures and Bitcoin above $89,000, and fueled hopes for Federal Reserve rate cuts in 2026 to help borrowers.
“Unexpectedly.” Not for those of us who voted for Trump.
Remember all that left-wing panicmongering over Trump tariffs? And now crying about “affordability” but were silent when inflation shot to 9% under The left HATES you.
BREAKING: November CPI inflation unexpectedly FALLS to 2.7%, below
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