The Fed has basically hit their 2% inflation target with the results of today’s inflation report


October 2022 PCE: 299.471

November 2022 PCE: 300.06

Source: https://fred.stlouisfed.org/series/CPILFESL

This is a measely 0.19668% increase, extropolated over 12 months = 2.36016%

So we are basically back on track already for 2% inflation. Any reason why this shouldn't be seen as extremely bullish for stocks?


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