Wholesale inflation was softer than expected, retail sales moved higher in November

The slower-than-expected rise in wholesale prices could indicate that inflationary pressures are beginning to stabilize, which may provide some relief to consumers and policymakers alike. However, the continued strength in retail sales suggests that consumer confidence remains high, potentially complicating the Federal Reserve's approach to interest rates. Balancing these factors will be crucial as the economy navigates through potential headwinds.