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Jason Furman on CPI: The CPI was a pleasant surprise. Headline came in at a 5.4% annual rate in October. Core (excludes food & energy) was a 3.3% annual rate. And supercore, which also excludes shelter & used vehicles, was only 1.8%.
FTX: Binance said "as a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com. Binance specifically cites “mishandling customer funds” as reason for dropping the deal with WSJ."
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