Macro: CPI — Coming down very slowly
Headline CPI came in at 3.12% in November, that's .11% lower than October. From September to October the headline dropped .46%. For the year, we've averaged a monthly drop of .29%. So the pace of disinflation is slowing. Additionally, YOY changes in prices are still higher than June, so we've made no progress in the 2nd half of the year. [...]
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