Lower Inflation than Expected in the USA

» Published: December 20 2024

Lower Inflation than Expected in the USA
Photo: Carolyn Kaster/AP/TT

Share this article

Inflation in the USA amounted to 2.4 per cent in November according to the so-called PCE measure, which is the one the USA's central bank Federal Reserve (Fed) prefers to use when deciding on the interest rate.

This can be compared to 2.3 per cent the previous month.

According to a compilation from Bloomberg, investors had expected an inflation rate of 2.5 per cent.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers
Loading related posts...