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U.S. Inflation Rose 0.4% in October, More Than Expected

Core inflation also rose 0.3% as higher food, shelter and energy costs kept pressure on household budgets, officials said.

  • The BLS reported Tuesday that the consumer price index increased 0.4% in October, exceeding the 0.3% increase economists expected and signaling fresh warning signs for The Fed's inflation fight.
  • Last year's government shutdown prevented The Bureau from collecting sufficient data in October 2025, leaving no year-ago figures available for comparison in this month's report.
  • Stripping out volatile food and energy, core CPI increased 0.3% against a 0.2% forecast, while gas prices fell below $4 per gallon; Diesel prices, however, remained 70% higher than year-start.
  • Federal Reserve governor Christopher Waller said earlier Tuesday that if core inflation rose 0.3% or higher, a 0.50% rate hike "should be considered" at December's meeting.
  • Inflation has not hit The Fed's 2% target since early 2021, keeping the central bank on track to raise interest rates next month amid persistent price pressures.
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The Toronto StarThe Toronto Star
+4 Reposted by 4 other sources
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As higher prices seep into broader economy, Fed officials consider faster hikes

WASHINGTON (AP) — More evidence this week of hot inflation in the U.S. was unpleasant news for the Federal Reserve, not to mention consumers: Rising prices may be spreading beyond the one-time shocks from tariffs and high gas prices into…

·Toronto, Canada
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republika.mk broke the news on Monday, November 9, 2026.
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