17 Hrs
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The New York Times
Source: The New York Times
17 HrsThe New York Times
Source: The New York Times
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U.S. inflation has accelerated this year amid the war with Iran and a boom in artificial intelligence investment. Economists expect October consumer prices to rise 0.3 percent from September and core prices by 0.2 percent; the Bureau of Labor Statistics will not publish a year-over-year comparison because last year’s government shutdown disrupted data collection. Federal Reserve Governor Christopher J. Waller said a half-percentage-point rate increase in December may be warranted if core inflation rises by 0.3 percent or more.
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