News alert: Inflation fog
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The data drought just ended. Inflation remains — and complicates the White House narrative

The CPI report showed headline inflation running at 2.7% year over year in November, while core inflation came in at 2.6%. Because the BLS was unable to collect October price data during the 43-day shutdown, the release does not include the usual month-over-month reads, making for more of a blunt snapshot than a clean map of trends.
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