Mixed Signals on November Inflation as Experts Question Data Accuracy
TL;DR
NY Fed President John Williams stated that technical issues likely caused November's CPI to appear lower than it truly was, due to data collection disruptions in October and early November, leading to a potential downward bias in inflation readings.
- NY Fed President Williams says some 'technical factors' distorted November's CPI reading downward CNBC
- Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’ CNN
- US says price increases eased last month but data may be distorted and Americans aren't feeling it AP News
- Economists Wince at Trump Administration Inflation Numbers: Evening Briefing Bloomberg.com
- 5 takeaways from the surprising November inflation decline thehill.com
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