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US inflation set to cool in October after two months of sharp increases

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US inflation set to cool in October after two months of sharp increases
Photo / Coverage: Business Standard - LatestCredit: Bloomberg
EXECUTIVE SUMMARY

The consumer price index is seen rising 0.3% after a 0.6% increase that was the largest since April, based on the median projection in a Bloomberg survey of economists ahead of Tuesday's release

Key Takeaways

  • US inflation set to cool in October after two months of sharp increases.

The consumer price index is seen rising 0.3% after a 0.6% increase that was the largest since April, based on the median projection in a Bloomberg survey of economists ahead of Tuesday's release

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