US November Inflation Rate and Expected FED Rate Decision
According to the US Department of Labor's statement, consumer prices in November increased by 0.1 percent compared to October. The annual increase in consumer prices is 7.1 percent. On the other hand, the markets are focused on the FED, which will announce the last interest rate decision of the year on 14.12.2022.
On Tuesday, 12.12.2022, stock markets followed a moderate course with the December inflation rates in the US, which were lower than expected. However, another important event expected this week is the FED's interest rate decision, which will be announced on 14.12.2022.
