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November's price action reflected persistent consumer spending trends that keep inflation concerns on the radar. With Americans continuing to open their wallets despite higher rates, the latest inflation gauge is signaling that demand pressure hasn't fully cooled. For traders and investors watching macro conditions, this matters—sticky consumer behavior often influences policy paths and market cycles. The data suggests we're not seeing the sharp pullback some expected, meaning the economy still has more steam than pessimistic narratives suggest. That's worth tracking as we head into year-end and beyond.