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US CPI Drives Policy Rate Cut Expectations Higher
US ECONOMY Mau Arellano 12/11/24 US ECONOMY Mau Arellano 12/11/24

US CPI Drives Policy Rate Cut Expectations Higher

The Consumer Price Index (CPI) for November 2024 rose by 0.3% month-over-month and 2.7% for the twelve months ended in November. Core CPI, which excludes volatile food and energy prices, increased by 0.2% MoM and 3.3% for the same 12-month period.

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October CPI Met Market Expectations
US ECONOMY Mau Arellano 11/13/24 US ECONOMY Mau Arellano 11/13/24

October CPI Met Market Expectations

The Consumer Price Index (CPI) for October 2024 modestly increased 0.2% MoM (+2.6% YoY), and the rate has remained unchanged since July. Core CPI, which excludes food and energy, rose 0.3% MoM (+3.3% YoY).

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