November's inflation report is the first to be released after the shutdown
CNBC••business
Key Points:
- Wall Street is closely watching Thursday's release of the November consumer price index (CPI) report, the first inflation data since the end of the historic 43-day U.S. government shutdown.
- Economists surveyed by Dow Jones expect the annual inflation rate to be 3.1%, with core CPI (excluding food and energy) forecasted at 3.0%, though some experts predict slightly lower readings around 2.9%.
- The Bureau of Labor Statistics delayed the November CPI report due to the shutdown, resulting in data being collected only for the latter half of November, raising concerns about potential biases in price changes.
- A CPI reading below 3% could boost stock market momentum heading into 2026 and increase
