US October inflation remains stubbornly high as consumer prices rise 0.4%

U.S. consumer prices climbed 0.4% in October, more than expected, and core inflation also ran hot. (Pexel)

U.S. inflation was higher than expected last month in a sign that the rising prices that powered sweeping Democratic victories in last week’s midterm elections will continue to pose challenges for the White House and the Federal Reserve. U.S. consumer prices climbed 0.4% in October, more than expected, and core inflation also ran hot. (Pexel) … Read more