October Inflation Report Expected to Show Cooler Monthly Price GrowthFuel Relief Won’t Erase the Costs of Trump’s Inflation PoliciesInflation Still Demands Discipline Despite a Fall in Fuel Prices
A U.S. inflation report due November 10 is expected to show prices rose more slowly in October as fuel costs eased, offering the first nationwide price snapshot since the midterm elections.An October inflation report due November 10 is expected to show slower monthly price growth, but fuel costs remain elevated after the Iran war and tariffs added pressure on consumers.The October inflation report, due November 10, is expected to show a slower monthly increase, but prices remain far above the Fed’s target as policymakers weigh another rate hike.