Inflation likely eased last month thanks to cheaper gas but underlying price pressures may stay high

Inflation likely eased last month thanks to cheaper gas but underlying price pressures may stay high

WASHINGTON (AP) — Inflation in the United States likely remained high last month, a trend that if sustained could raise concerns at the Federal Reserve, which is considering whether to raise interest rates again. Still, cheaper gas might have slowed a broad measure of overall inflation in October. Excluding volatile…Read More

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