October Inflation: Challenges Persist Despite Slowing Overall Rate
TL;DR
US inflation showed little change in October, indicating a challenging path towards the Federal Reserve's target. The core consumer price index, excluding food and energy, is expected to have risen at the same rate as in September, reflecting persistent price pressures.
Topics:businesseconomy#consumerpriceindex#economicoutlook#economy#federalreserve#pricepressures#usinflation
- US Inflation Progress Gets Harder in Last Mile Down Bloomberg
- Restaurants, other services still in grip of high inflation even as overall rate slows The Associated Press
- What To Expect From October’s CPI Inflation Report Forbes
- AP Business SummaryBrief at 12:04 a.m. EST Bozeman Daily Chronicle
- Inflation Likely Stayed Slightly Too Hot For Comfort In October MSN
Want the full story? Read the original reporting
Read on Bloomberg