"'Santa is coming after all'; Investors celebrate a cooler-than-expected inflation report," read one sample headline after CPI inflation fell to 7.1%.
While the numbers were "cooler-than-expected," it has not yet come down to comfortable and breezy levels. The reality is that inflation persists, and it is hurting the holiday season. High prices are on everyone's minds, whether buying Christmas cookies or toys for Johnny or making travel plans.