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.
