US CPI Report: Inflation Cools to 2.7% in November as Stock Futures Jump, Jobless Claims Fall, and Fed Rate-Cut Bets Reprice
U.S. inflation slowed to 2.7% in November, but the data followed a government shutdown that disrupted October’s figures, complicating comparisons. Stock futures rose and Treasury yields slipped Thursday after the report and upbeat news from a major AI chipmaker, reversing losses from a tech-led selloff the previous day.