October CPI Snapshot: Inflation likely down slightly from last month

October CPI Snapshot: Inflation likely down slightly from last month

US inflation likely remained stubbornly high last month despite efforts by the Federal Reserve to rein in prices which surged at a historic pace. The Bureau of Labor Statistics’ Consumer Price Index (CPI) for October is scheduled for release at 8:30 a.m. ET Thursday. Economists polled by Bloomberg had expected the headline reading to show …

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