Soft US CPI for October Likely to Push Fed Rate Hike to Next Year

Soft US CPI for October Likely to Push Fed Rate Hike to Next Year

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Core inflation for the US in October rose 0.2% month-on-month, coming in lower than estimates of 0.2%. Headline inflation, including food and energy prices, were unchanged, undercutting estimates of a 0.1% price increase. Year-on-year, headline inflation came in 0.1% lower than expectations at…

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