November Price Report: Slowing Inflation and Stock Reactions

Experts predict that the latest consumer price index data will show evidence of slowing inflation, with overall prices expected to remain unchanged in November compared to October. Core prices, excluding food and energy, are projected to increase by 0.3%. Inflation has been gradually slowing down after reaching a 40-year high in June 2022. If inflation continues to fade, it is more likely that the Federal Reserve will keep interest rates steady instead of raising them further. This has already led to a decrease in long-term rates, including mortgage rates.