CRALLE REPORT 2026®

Consumer price growth slowed to 2.7% in November, down freom 3.0% in September... Economists projected a rise to 3.1%... DETMEISTER: Report is a "very poor reflection of reality." SHARIF: "This is totally inexcusable. The BLS just assumed rent/OER were zero for October...There is just no world in which this was a good idea, but here we are." INFLATION UNEXPECTEDLY SLOWS

BANK OF ENGLAND CUTS RATES MPC voted 5-4 in favor of cut Fourth cut this year and lowest level since February 2023 UK inflation falls sharply to 3.2% in November... WALLER IS BACK IN THE MIX President Trump to interview Waller on Wednesday for Fed Chair... KEVIN VS KEVIN KARL: There Are Two Kevins, But Only One Job... WSJ: Trump Says He Is Leaning Toward Warsh or Hassett to Lead the Fed... Hassett’s Fed chair candidacy received pushback from high-level people close to Trump... Trump says President should be consulted on rate decisions... "Typically, that's not done anymore. It used to be done routinely. It should be done," he said. "I'm a smart voice and should be listened to." LIVE: FINANCE TRENDING... WORLD BUSISNESS NEWSPAPERS PAGE ONES SPOTIFY PODCAST BUSINESS CHART APPLE PODCAST BUSINESS CHART ABCNEWS ATLANTIC AXIOS BBC BUSINESS INSIDER CBS NEWS CNBC CNN FOXNEWS FREE PRESS MARKETWATCH NATIONAL REVIEW NBC NEWS NY TIMES WIRE POLITICO REASON SKY NEWS US NEWS USA TODAY WALL STREET JOURNAL

U.S. Weekly Jobless Claims Decrease To 224,000 JOBS REPORTS MIXED Payrolls rose by 64,000 in November after falling by 105,000 in October... The October slump came deferred government layoffs instituted earlier this year that took effect... In Novemeber, health care added 46,000 jobs, accounting for more than 70% of increase... LONG: The US would have LOST JOBS in the past 6 months if it weren't for healthcare... Unemployment rate hits 4.6%, highest in four years... Trump Dangles Cash Payments to Buoy Voters’ Views of the Economy... Lennar Fourth-Quarter Profit Falls as Housing Market Remains Stagnant... RIP: Robert Samuelson, Award-Winning Economics Columnist, Dies at 79 Fed's Liquidity Tool Gets a Rebrand After 'Crisis of Confidence' HOMEBUILDER CONFIDENCE RISES TO 8-MONTH HIGH Builder confidence still remain well below breakeven point... Trump's Cuts to U.S. Labor Board Leave Festering Disputes and a Power Struggle China's retail sales growth sharply misses estimates in November... GOOLSBEE UNCOMOFRTABLE FRONT-LOADING TOO MANY CUTS "I'm pretty optimistic that for 2026 rates will will be able to be a fair bit lower than they are today" Nick Timiraos Kevin Erdmann Conor Sen Scott Lincicome Niall Ferguson Neil Irwin Diana Olick Andrew Ross Sorkin Michael Strain Greg Ip Colby Smith Odeta Kushi Ben Carlson Bill McBride Joe Weisenthal Ben Casselman Matt Levine Mike Simonsen Ali Wolf Rick Palacios Jr. Mark Zandi Robert Dietz Logan Mohtashami Jay Parsons Colin Robertson

RETAIL SALES UNCHANGED IN OCTOBER Economists expected sales to rise 0.1%... Oil Tumbles on Supply Glut Concerns. U.S. Gas Prices Near 5-Year Low... FANNIE & FREDDIE QUIETLY ADD BILLIONS TO PORTFOLIOS BLOOMBERG: Fannie Mae and Freddie Mac have added billions of dollars of mortgage-backed securities and home loans to their balance sheets in recent months... Atlanta Fed Board Announces Search for Next Bank President.... CNBC: High cost of goods is causing consumers to spend less for the holidays... 41% of Americans plan to spend less for the holidays this year, 6 points higher than a year ago... Apartment List ATTOM Data Solutions Bureau of Economic Analysis Bureau of Labor Statistics Census Bureau Case-Shiller HPI Department of Labor Fannie Mae Federal Housing Finance Agency Freddie Mac ICE Mortgage Technology Mortgage Bankers Association National Association of Home Builders National Association of Realtors REALTOR.COM US Treasury DRUDGE QUAKE SHEET DRUDGE WEATHER ACTION ZOOM EARTH SEND NEWS TIPS TO TYLER EMAIL: TYLER.CRALLE@TOWNEBANKMORTGAGE.COM