Inflation Edges Toward 4%

U.S. consumer prices rose 0.4% from September to October, above analysts’ 0.3% forecast, while core inflation increased 0.3%. No annual rate was reported because October 2025 data were unavailable, though analysts estimated inflation at about 4%. The hotter-than-expected report, driven partly by higher energy and food costs, increased pressure on the Federal Reserve to raise interest rates in December.

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