Money3 min read
CPI Report: October Inflation Rose 0.4%, Hotter Than Expected
The October CPI report shows prices rose 0.4% and core CPI 0.3%, both above forecasts. Why there's no annual rate and what it means for a December Fed hike.
What America is talking about today
Topic
The October CPI report shows prices rose 0.4% and core CPI 0.3%, both above forecasts. Why there's no annual rate and what it means for a December Fed hike.
The Fed held rates at 3.75%-4% on Oct. 28, 2026, in a 10-2 vote as Lisa Cook dissented. What it means for mortgages, credit cards, savings and a December hike.