US Inflation Remains Above Expectations, Fueling Bets on December Rate Hike
US inflation rose 0.4 percent in October, above market expectations of 0.3 percent, while core inflation increased by 0.3 percent, also exceeding forecasts. According to Yahoo Finance, the overall increase was slightly slower than September’s 0.6 percent rise, but underlying price pressures remain elevated. The annual inflation rate for October […]