US Wholesale Prices Rise 0.3% in October, Annual Inflation Reaches 6.5%
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
US producer prices rose 0.3% in October, below the 0.4% forecast, while core prices also gained 0.3%. Annual wholesale inflation reached 6.5%, its highest since November 2022. Markets expect the Federal Reserve to raise rates by 0.25 percentage point at its Dec. 8–9 meeting.
Continue in the app — vote & join in ➔Source: CNBC Top News · via ahirlevel.hu