US consumer prices rise as expected in October
US consumer prices rose by 0.2% in October, matching expectations. This brings the annual inflation rate to 2.6%, fueled by factors like potential policy changes under President-elect Trump. While the Federal Reserve is likely to cut interest rates in December, future cuts in 2024 are uncertain due to inflation concerns.
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US consumer prices rose by 0.2% in October, matching expectations. This brings the annual inflation rate to 2.6%, fueled by factors like potential policy changes under President-elect Trump. While the Federal Reserve is likely to cut interest rates in December, future cuts in 2024 are uncertain due to inflation concerns. 
