- Both the headline and core inflation numbers matched the consensus estimates, so no surprises in today’s numbers.
- Non-seasonally adjusted inflation declined slightly in October, which will cause a slight drop in TIPS principal balances in December.
- A December rate increase still looks likely from the Federal Reserve.
Read my full analysis on SeekingAlpha.com
Also, I have updated my Inflation and I Bonds page with these new numbers.
And here are the new December inflation indexes for all TIPS.