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Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.

Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.

The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.

November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.

Waller is one of the five finalists considered for to replace Fed Chairman Jerome Powell when his term expires in May.

Fed chief candidate Hassett says central bank's independence is 'really important,' would move rates by consensus

Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.

China on Tuesday announced lower duties on pork imports and pig by-products from the European Union.

Spending on restaurant appetizers is booming during this period of food inflation as consumers find creative ways to cut back even as they continue to dine out.

There are indications that policymakers will be more inclined to cut further if the labor market stays weak.