The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September’s 2.4%. The uptick means the Federal Reserve’s 2% target rate is further out of reach. Kelly O’Grady reports. Source
The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September’s 2.4%. The uptick means the Federal Reserve’s 2% target rate is further out of reach. Kelly O’Grady reports. Source