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Cooling Inflation Likely Ends Fed Rate Hikes

November 14, 2023
in Market & News
Reading Time: 1 min read
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Cooling Inflation Likely Ends Fed Rate Hikes
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7.4 million Americans could gain Medicare or Medicaid coverage for anti-obesity drugs under Biden proposal – CNN

Updated Nov. 14, 2023 10:18 am ET

A broad slowdown in inflation continued in October, likely ending the Federal Reserve’s historic interest-rate increases. 

Consumer prices overall were flat last month and rose 3.2% from a year earlier, a slower pace than in September as prices for gasoline fell, the Labor Department said Tuesday.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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