Inflation Cooldown: Fed Sees Progress but Warns of a Slow Burn

Biztoc.com - 12 November 2024

Inflation Cooldown: Fed Sees Progress but Warns of a Slow Burn

There’s data, and then there’s everyday reality. The October reading for the Consumer Price Index will be released Wednesday morning (Nov. 13). Inflation is expected to hold steady for the month, at 0.3% versus September and an annualized pace of about 3.3%. …

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