U.S. Inflation Rose 0.4% in October, More Than Expected
Economists said the reading keeps the Federal Reserve on track for another rate hike next month as underlying price pressures stayed firm.
- 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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Labor Dept: October Inflation Higher Than Expected
CNBC reports: Costs for goods and services rose more than expected in October, providing fresh warning signs for the Federal Reserve in its fight to lower inflation. The consumer price index, a broad gauge of costs across the U.S. economy, increased a seasonally adjusted 0.4% for the month, the Bureau of Labor Statistics reported Tuesday. … The post Labor Dept: October Inflation Higher Than Expected appeared first on Joe.My.God..
Wall Street Sinks as Inflation Surges
By Paul Goldberg — Senior Correspondent | LGBT Business Finance News NEW YORK, NY — (November 10, 2026) — Wall Street came under renewed selling pressure Tuesday after a hotter-than-expected October inflation report rattled financial markets, pushed U.S. Treasury yields toward the psychologically significant 5% threshold, and intensified concerns that the Federal Reserve could deliver another [...]
American inflation slows down less than expected and extends to services, with the increase that no longer depends only on the war in Iran. Government bond yields increase and the Fed prepares to raise rates: there are even those who propose half a point.
Evening Standard
The Independent (US)Early promise fades after hot US inflation print
Investors will be hoping the upcoming IPO from Anthropic will give the market a lift.
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