Summary
- Higher gasoline prices accounted for more than one-third of the increase in headline inflation, the BLS reported.
- But crude oil prices began declining in October, which should be reflected in near-term gasoline prices.
- Both headline and core inflation matched expectations, so there should be little market disruption from Wednesday’s report.

Bill, true but on the flip side IRMAA would only be an issue if the heirs are retirement age, and…