Lower Inflation than Expected in the USA

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

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.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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