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Thndr Claps » U.S. Claps » Economy 🏢 » CPI slows right down  ✋

CPI slows right down  ✋

by Omar El Shorafa
December 14, 2022
Claps, Economy

The Clap
The CPI is up 7.1% from November 2021 and 0.1% from the previous month, below the 7.3% and 0.3% expectations.

What
The core CPI increased by 6% from November 2021 and 0.2% from one month ago, also below the 6.1% and 0.3% expectations.

So What
Inflation has pestered the economy over the past year, forcing the Fed to hike interest rates aggressively throughout the year to slow it down.

Now What
As inflation pressures ease, the Fed may begin slowing down the rate of interest rate hikes, an encouraging sign for investors.

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