US Inflation Stays Firm for Third Month With 0.3% Core CPI Gain

By Yahoo! Finance | Nov 13, 2024 at 10:14 AM EST

US inflation remained steady in October, posing challenges for the Federal Reserve in controlling price pressures. Core CPI rose 0.3% for the third consecutive month, indicating a 3.6% annualized increase. The Fed may slow rate cuts due to persistent inflation and economic growth.

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