Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight

🇺🇸 CNBC (US) —
Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight

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U.S. consumer prices rose 0.4% in October, exceeding expectations and adding pressure to the Federal Reserve’s inflation fight. The data could complicate the Fed’s decisions on interest rates.

The report comes at a critical juncture for the Federal Reserve as it considers its next move regarding interest rates.

Politics Markets US inflation consumer prices Federal Reserve interest rates October CPI

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