The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected

The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected

Inflation rose in October roughly in line with estimates, sending a sign that price increases may at least level off, the Commerce Department reported Thursday. The Core Personal Consumption Expenditure Price Index, a gauge that excludes food and energy and is favored by the Federal Reserve, rose 0.2% for the month and 5% from last …

The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected Read More »