U.S. Inflation Rose 0.3% In October, Highest Since January


  • 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.

Read my full analysis on SeekingAlpha.com


About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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