Inflation rises 2.6% in October, in line with expectations
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts. Consumer prices rose 0.2% last month and were up 2.
24 across the spectrum · tap a section to jump
Left
2 viewpointsAfter 2 years of steady cooling, US inflation rose slightly last month
U.S. inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation hit a bump in October after slowing for six straight months
Center
17 viewpointsInflation hit a bump in October after slowing for six straight months - Boston News, Weather, Sports
Right
5 viewpointsUS inflation may have picked up in October after months of easing
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts