US inflation may have picked up in October after months of easing
- Posted on November 13, 2024
- By Business News Today
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US inflation may have picked up in October after months of easing
U.S. annual inflation likely rose to 2.6% in October after seven months of decline, potentially impacting the Federal Reserve's interest rate decisions. Despite this uptick, economists predict inflation will continue to slow, with consumer prices expected to rise 2.9% in the coming year. The impact of President Trump's economic policies on inflation remains uncertain.