Should Investors Panic About a 0.1% Increase in the November CPI?

Today’s Consumer Price Index ( CPI ) report should come as a neutral indicator that inflation is still on the way down, although perhaps not as quickly as the Federal Reserve would like. However, that hasn’t stopped analysts from offering hordes of speculation over the implications of the November CPI. So, what do you need to know about today’s major inflation report? Well, today’s CPI marks the final major economic data release ahead of the Fed’s December rate-hike decision — the last of the year — set for tomorrow, Dec. 13. In that regard, the November inflation reading is unlikely to affect things very much, one way or the other…