by [unable to retrieve full-text content] The Bureau of Labor Statistics released the October Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 6.22%, up from 5.39% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 4.56%, up from 4.03% the previous month and is above the Fed's 2% PCE target.
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The Bureau of Labor Statistics released the October Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 6.22%, up from 5.39% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 4.56%, up from 4.03% the previous month and is above the Fed's 2% PCE target.