Consumer Price Index (CPI) rose by 2.7% in November, lower than expected 3.1%, with core inflation at 2.6%. Data collection was disrupted by government shutdown, affecting accuracy. Fed cautious but sees progress towards 2% inflation goal. Rents dropped, core goods up due to tariffs, services inflation declined. Fed may continue rate cuts.

Read more at Yahoo Finance: ‘Absence of data’ in CPI report flashes yellow for further interest rate cuts