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U.S. Inflation Eased Over October, Incoming CPI Suggests

U.S. inflation is likely to have subsided over the month of October, according to economists surveyed by Bloomberg. This report comes as the Bureau of Labor Statistics is set to release its Consumer Price Index (CPI) for October on Thursday. While the inflation is expected...

Consumer Prices Exceed Last August By 8.3%; Bureau of Labor Statistics Reports

The Bureau of Labor Statistics reported on Tuesday that the Consumer Price Index (CPI) rose by 8.3% in August compared to last year. This represents a 0.1% rise from July. While inflation has cooled down after prices reached a four-decade high earlier this year, food...