Despite a higher-than-expected inflation rate in November, economists believe the Federal Reserve will still move forward with its plan to cut interest rates in the coming months. The Fed’s decision will be guided by its dual mandate of maximizing employment and stabilizing prices.
Tag: inflation rate
Inflation Rate Rises to 27% in November, Meeting Expectations
The annual inflation rate has accelerated to 27% in November, meeting expectations, according to the latest data released by the National Statistics Office. This marks a significant increase from the 25% rate recorded in October, driven primarily by rising food and energy prices.
Market Reacts to Inflation Data Release
As financial markets await the release of important inflation data, experts analyze the potential impact on global economies and investor sentiment.