Summary
- While 0.4% looks high, core inflation remained in the moderate zone, just above 2.0% over the last 12 months.
- Energy costs, along with shelter costs, accounted for most of the October increase.
- There is nothing in today’s report that should cause the Federal Reserve to delay an interest rate increase in December.
Read my full analysis at SeekingAlpha.com
Also, I have updated my Inflation and I Bonds page with these new numbers.
And here are the new TIPS inflation indexes for December.
Well in terms of travelling during deep declines in the market, your trend seems to be continuing! Hoping that equities…