Core inflation has gone sideways year-over-year in 2025, says Goldman Sachs' Hatzius
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Core inflation has gone sideways year-over-year in 2025, says Goldman Sachs' Hatzius
CNBC’s “Closing Bell” team discusses the November CPI data that was muddied by the government shutdown, what may be next for the U.S. economy and more with Jan Hatzius, chief economist at Goldman Sachs.
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New data from the Bureau of Labor Statistics shows inflation cooled in November, with consumer prices rising at a 2.7% annual rate — lower than economists expected. @sorkinsays breaks down why the delayed CPI report may warrant caution, and what it could mean for the Fed’s next move. | Morning Joe
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