HomeLive CommentsUS CPI picked up t 1.8%, but core slowed to 2.3%

US CPI picked up t 1.8%, but core slowed to 2.3%

ActionForex
By ActionForex

US CPI rose 0.4% mom in October versus expectation of 0.3%. Core CPI rose 0.2% mom, matched expectation. Annually, headline CPI accelerated to 1.8% yoy, up from 1.7% yoy and beat expectation of 1.7% yoy. CPI core, on the other hand, slowed to 2.3% yoy, down from 2.4% yoy and missed expectation of 2.4% yoy.

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