November CPI Gives The Fed More Cover

Jeremy LaKosh5.95K FollowersFollow5ShareSavePlay(5min)CommentsSummaryNovember CPI inflation rose 2.7% year-over-year, below expectations, giving the Fed leeway to consider easing.Core inflation dropped to 2.6% year-over-year, its first dip below headline inflation in nearly three years.Service sector inflation normalized to pre-pandemic levels, with housing and rental inflation showing notable declines.Energy prices were the sole negative, but overall inflation trends suggest tariff effects may be fading. ThitareeSarmkasat/iStock via Getty Images Introduction Earlier today, the Bureau of Labor Statistics returned to reporting the monthly Consumer Price Index. The report, which was released for the month of November, had some gaps in it, as the Bureau decided to skip the October data dueThis article was written byJeremy LaKosh5.95K FollowersFollowOther writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication on Monday and Tuesday.About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economics. I enjoy numbers. I have been investing since 2000. Professionally, I am the CEO of an independent living retirement community in Illinois.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.