Happening Now The new inflation report is out, and it's likely to make the Federal Reserve pretty happy: It cooled down last month in a sign that the Fed's interest rate hikes are having the desired effect, per the AP. Key numbers: Tuesday's report from the Labor Department showed that lower gas prices helped cool overall inflation, which was unchanged from September to October and down from the 0.4% jump the previous month. Keep reading From our sponsor Enjoy exceptional rewards on purchases and a $300 bonus offer. A long-time credit card writer says these are some of the best offers he's seen in his years of writing for top financial websites. Start racking up huge rewards. Learn More |
Tuesday, November 14, 2023
Inflation Cools More Than Expected (Newser Breaking News)
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