US inflation rises in October, all eyes on Federal Reserve’s FOMC meeting in December
- Posted on November 14, 2024
- By Financial Express
- 3 Views
US inflation rises in October, all eyes on Federal Reserve’s FOMC meeting in December
This uptick in annual inflation partly results from the removal of last year’s lower readings from the calculation. Although inflation has slowed considerably from its 9.1% peak in June 2022, it remains above the Fed’s 2% goal.
