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NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward
New York Federal Reserve President John Williams said Friday that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower than it otherwise would have been. “There were some special factors of practical factors that really are related to the fact that they weren’t able to collect date in October and not in the first half of November. And because of that, I think the data were distorted in some of the categories, and that pushed down the CPI reading, probably by a tenth or so,” Williams said on CNBC’s “Squawk Box.” “It’s hard to know, we’ll get some ... (full story)
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From spectramarkets.com | Dec 19, 2025
It has been a modestly interesting week as we had a flurry of central bank meetings, a jobs report, a clearly erroneous CPI figure, and some other stuff. Let’s start with CPI. At my business school, we used the case study method, and when you were given a bunch, but not all the information you needed, sometimes you would have to make assumptions. For ...
