Published 1 year ago

US Annual Consumer Inflation Eases To Still-high 7.7% In October

Summary by Ground News

U.S consumer prices increased less than expected in October and underlying inflation appeared to have peaked, which would allow the Federal Reserve to dial back its hefty interest rate hikes.

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Times of India

US consumer inflation eased to 7.7% over past 12 months

US News: Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easin

1 year ago·India

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Reuters

U.S. inflation turning the corner as consumer prices rise below expectations

U.S. consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months, the strongest signs yet that inflation was slowing, which would allow the Federal Reserve to scale back its hefty interest rate hikes.

1 year ago·United Kingdom

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Associated Press News

US consumer inflation slowed to 7.7% over past 12 months, easing some pressure on households and economy

WASHINGTON (AP) — US consumer inflation slowed to 7.7% over past 12 months, easing some pressure on households and economy.

1 year ago·United States

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USA Today

CPI report: Inflation moderates in October, but consumers won't feel much relief. Here's why.

While inflation eased food, energy and rent remain expensive. Overall CPI inflation was 7.7% in October.

1 year ago·United States

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CNN

Inflation cools much more than expected in October

Americans and the Federal Reserve got some welcome news Thursday on inflation.

1 year ago·Atlanta, United States

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Washington Times

U.S. consumer inflation eased to 7.7% over past 12 months

Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious.

1 year ago·United States

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