US Inflation Rises 0.4% as Falling Fuel Costs Ease Consumer Pressure

RecentNews.uk

US consumer price index rose 0.4% in October.

Petrol prices at the pump dipped below $4 a gallon in early November.

Federal Reserve is expected to consider further interest rate hikes in December.

Year-over-year inflation data was omitted due to a previous government shutdown.

Will global central banks successfully tame inflation by next year?

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