Market Update Dec. 15, 2023 - Meg Tierney
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Market Update Dec. 15, 2023

December 15, 2023

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.