US inflation progress gets harder in last mile down

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The Star 5d ago

US inflation progress gets harder in last mile down - The Star

Quick Summary:

US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s (Fed) target.

The wage price index for the third quarter comes on Wednesday, and other employment statistics for October will be published a day later.

India’s inflation is projected to have picked up to 5.72% in October, while industrial output is seen rebounding in September in figures due on Tuesday.