The general inflation reading for November released this morning ticked down to 3.1% from 3.2% in October, while the “core inflation” reading was unchanged at 4%. Below are short-term and long-term charts. As of early Tuesday, stock and bond markets seem bemused by the lack of significant change, and index movements have been slight.
Daily average interest rates through 12/11/23:
Weekly average interest rates through 12/7/23 – the next update is Thursday:
Consumer Confidence jumped in the preliminary December reading, as people projected that inflation will continue to rapidly decline.
The Bay Area foreclosure rate was updated through Q2 – it remains close to zero.