The US Consumer Price Index (CPI) registered a year-on-year increase of 2.7% in November, below the 3.1% expected by analysts and slightly lower than September's 3%, according to the Argentine News Agency, citing data published by the US Bureau of Labor Statistics.
Moderate Inflation The US CPI, the main inflation benchmark, confirmed a deceleration trend towards the end of the year amid the monetary tightening process applied by the Federal Reserve.
According to official data, the month's reading showed an increase lower than expected by the market, which raises questions about the possible pace of future adjustments in monetary policy.
Signals for the Fed The moderation in inflation could ease pressures for new rate hikes, although the Fed still maintains that it will wait for stronger signs of sustained convergence towards its 2% target.
Analysts indicate that underlying inflation indicators could be key in the decisions of the Federal Open Market Committee in the upcoming meetings.
