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US inflation ticked up to 2.7% in November, with food and shelter costs driving the increase.
US inflation rose to 2.7% in November, up from 2.6% in October, driven by higher food and housing costs.
The Consumer Price Index (CPI) increased by 0.3% month-over-month, matching forecasts.
Core CPI, which excludes food and energy, increased by 3.3% year-over-year.
The Fed is expected to cut interest rates by a quarter-point at their next meeting, as inflation remains below its peak but above the 2% target.
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La inflación de EE.UU. alcanzó el 2,7% en noviembre, con los costos de alimentos y vivienda que impulsan el aumento.