University of Michigan inflation report for November:
- Condition Prelim Actual 74 (Forecast 68.5, Previous 68.3)
- Expectations Prelim Actual 66.4 (Forecast 57, Previous 56.8)
- 1 Yr Inflation Prelim Actual 3.1% (Forecast 4.3%, Previous 4.5%)
- 5 Yr Inflation Prelim Actual 2.8% (Forecast 3.1%, Previous 3.2%)
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BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher