US inflation rises 0.4% in October, hotter than expected, as Fed hike looms
US consumer prices rose 0.4% in October 2026, more than the 0.3% economists expected, with core prices up 0.3% for a third straight month, the Bureau of Labor Statistics said on 10 November. The BLS published no annual inflation rate because last year's government shutdown left no October 2025 data, but economists estimate it at about 3.9% to 4%, and the report has strengthened expectations of a Federal Reserve rate rise in December.
Kabeer Ahmad7 min read