🤑 Inflation Takes a Nap: CPI Snoozes at 2.7% – Markets Party! 🎉

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In the weary fields of finance, where numbers grow like stubborn weeds, a strange thing happened. The winds of November brought not a harvest of inflation, but a mere whisper. The Consumer Price Index, that fickle beast, rose just 2.7%, leaving economists scratching their heads like farmers staring at a cloudless sky. 🌾

The Tale of the Tape:

  • November CPI: 2.7% – a mere hiccup, not a roar. 🐌
  • Core rate: 2.6% – stripped bare, it’s even tamer. 🍖
  • Bitcoin: Dancing in the streets, up 0.5%. 💃

The Bureau of Labor Statistics, those keepers of the numerical flame, delivered their report on Thursday. The CPI, usually a roaring lion, purred like a kitten. Economists, with their charts and graphs, had predicted a 3.1% climb, but the beast had other plans. The core rate, excluding the volatile food and energy, followed suit, falling to 2.6%. It’s as if the economy decided to take a nap. 😴

Monthly data? Missing in action, thanks to the government shutdown. Those poor BLS statisticians, still recovering from October’s chaos, couldn’t muster the numbers. But the markets, ever the drama queens, reacted with glee. Bitcoin, that wild stallion, galloped higher, trading above $88,000. U.S. stock index futures joined the party, with the Nasdaq 100 up 1.15%. Even the 10-year Treasury yield took a breather, slipping to 4.12%. 🥳

And the Federal Reserve? Well, they’re sitting pretty, with a 73% chance of leaving rates untouched in January. It’s like the economy said, “Let’s just coast for a while.” 🛣️

So here we are, in this strange land of low inflation, where markets dance and economists ponder. The numbers, like the grapes in a Steinbeck novel, are small but sweet. And the people? They’re just trying to make sense of it all, one chart at a time. 🍇

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2025-12-18 16:54