Tame U.S. Inflation Gives The Fed Room For More Rate Cuts
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ING Economic and Financial Analysis4.97K FollowersFollow5ShareSavePlay(5min)CommentsSummaryUS CPI was surprisingly soft in November with an annual headline rate of just 2.7%.There is some scepticism due to the scale of the downside 'miss' relative to analyst expectations and the impact of the government shutdown, but it explains why Fed Chair Powell sounded so relaxed last week.This leaves the door wide open for earlier, swifter 2026 rate cuts. Khanchit Khirisutchalual/iStock via Getty Images By James Knightley, Chief International Economist, US US inflation undershoots all forecasts in November November’s consumer price inflation report was remarkably soft given the backdrop of tariffs and concerns over insurance costs. Remember we don'tThis article was written byING Economic and Financial Analysis4.97K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.