A post by @DeItaone on X.
US INFLATION COMES IN HOTTER THAN EXPECTED IN OCTOBER
@DeItaone on X
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US October headline CPI rose 0.4%, exceeding the 0.3% forecast, while core CPI climbed 0.3% versus 0.2% expected. Food prices jumped 0.5%, energy rose 0.7% and gasoline gained 1.0%, with housing costs up 0.3%. The hotter-than-expected print signals persistent inflation pressure that could complicate the Federal Reserve's rate path. Markets will watch whether the data shifts expectations for near-term policy moves and how risk assets, including crypto, react to the repricing.
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Named in this story
US Bureau of Labor Statistics, Federal Reserve