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Yahoo Finance

October inflation data meets forecasts, keeping Fed on track for December rate cut

Yahoo Finance
Summary
Nutrition label

91% Informative

Consumer Price Index (CPI) increased 2.6% over the prior year in October , a slight uptick from September 's 2.4% annual gain in prices.

The index rose 0.2% over previous month , matching the increase seen in September .

The outlook for inflation remains uncertain as economists warn of another potential inflation resurgence following the election of Donald Trump as president.

VR Score

95

Informative language

96

Neutral language

74

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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