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Markets See Recession – But Not The Fed

Por: Forbes Business December 17, 2022

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The CPI for November (+0.1% M/M) was milder than markets expected, which brought the Y/Y CPI inflation rate to 7.1% in November from 7.7% in October. The core CPI (ex-food and energy) rose +0.2% M/M, the smallest increase since August 2021. Excluding shelter, the Core fell -0.1% for the second month in a row, an extremely rare event. Durable goods prices fell by a large -0.9% in November after falls of -0.7% in October and -0.1% in September... + full article



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