CPI COMES IN BELOW EXPECTATIONS

Here's everything you need to know!

CPI was just released! Here's what you need to know:

HEADLINE NUMBERS:

  • CPI for November came in at 7.1% (YoY) below expectations of 7.3%

  • CPI for November came in at 0.1% (MoM) below expectations of 0.3%

  • Core CPI for November came in at 6% (YoY) below expectations of 6.1%

  • Core CPI for November came in at 0.2% (MoM) below expectations of 0.3%

Month-over-Month Inflation Each Month Over the Last 12 Months:

CPI by Category:

The Next CPI Release:

The next CPI report will be released on January 12th at 8:30 AM ET

Watch out for Jerome Powell and the FOMC tomorrow:

- The FOMC will raise rates by x bps at 2PM ET tomorrow

- Jerome Powell will have a press conference following the FOMC rate hike decision starting at 2:30PM ET

About Bullish Rippers

I start posting at 6AM on Monday and don't stop until 8PM on Friday. My free recap of the week goes out every Saturday ... I spend all day every day looking at the news, so you don't have to.

You can always see the moves I make and what individual stocks I own on my Savvy Trader Portfolio.

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