United States NAHB Housing Market Index came in at 61 below forecasts (63) in December

The U.S. Bureau of Labor Statistics today reported consumer price index was unchanged in November on a seasonally adjusted basis. Lower gasoline prices had a considerable negative impact on consumer prices. In the 12 months through November, the CPI increased 0.5 per cent, the largest gain since December 2014, higher than the 0.2 per cent in October. The Fed targets 2 per cent inflation and it tracks an index that is running far below the core CPI.