Inflation Comes in Below Expectations, ‘Another Step in the Right Direction’ [WATCH]

Inflation blinked first.

Consumer prices rose less than expected in November, fueling fresh optimism that inflationary pressure may finally be easing — and that the Federal Reserve could have more room to cut rates than Wall Street anticipated.

According to a delayed Bureau of Labor Statistics report, the consumer price index climbed at a 2.7% annualized rate, well below the 3.1% increase economists expected, per a Dow Jones survey.

The surprise didn’t stop there.

Core CPI, which strips out volatile food and energy prices, rose 2.6% over the past year — cooler than the 3% forecast and another sign that price pressures are losing steam.

Month to month, inflation also came in soft.

Both headline and core CPI rose just 0.2%, undercutting expectations of 0.3% gains and reinforcing the sense that inflation’s grip may be loosening.

CNN reported on the inflation numbers, calling them “another step in the right direction.”

Watch the clip below:

Core inflation is at its lowest in nearly FIVE YEARS 🔥

CNN: “This is another step in the right direction.” pic.twitter.com/X4fWzjgebZ

— RNC Research (@RNCResearch) December 18, 2025