November CPI Report: Inflation Lower, Fed Trajectory Remains Favorable

Justin Purohit2.37K FollowersFollow5ShareSavePlay(7min)CommentsSummaryThe Labor Department reported Thursday that headline CPI rose 2.7% YOY, well below expectations and the reading reported in September.Inflation remained concentrated in familiar categories, with others, such as gasoline providing a continued reprieve.The report follows a mixed jobs release earlier in the week.The results of the report may impact the Fed’s forward trajectory, though not necessarily in the near-term.

Images By Tang Ming Tung/DigitalVision via Getty Images The U.S. economy has been experiencing the peculiar dynamic of rising inflation and slowing job growth over the past year. While I haven't called this stagflation in the past, the phenomenon did create complexityThis article was written byJustin Purohit2.37K FollowersFollowProviding timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.