The U.S. Department of Labor reported that consumer prices increased at an annualized rate of 2.7 percent in November, significantly below Wall Street analysts’ projection of 3.1 percent.
The Consumer Price Index (CPI) data was released on Thursday, December 18, 2025.
This indicates a slower pace of inflation than economists anticipated, likely clearing the way for additional interest rate cuts by the Federal Reserve early next year.
Additionally, the report suggests that price fluctuations caused by President Donald J. Trump’s tariffs—aimed at rebalancing global trade in favor of local producers—have already peaked and consumer goods costs are normalizing.