Fergus McCormick

Money Moves

Tied October's confidence rebound to gasoline prices easing from September to October and said write-in complaints about grocery, food and fuel costs rose

Consumer prices rose 0.4% in October from September, and core prices rose 0.3% for a third straight month, the Labor Department said November 10. The report kept the Federal Reserve on course to raise rates at its December 8-9 meeting. Governor Christopher Waller said a 0.3% core reading would make him consider a half-point hike.

Updated 2 days ago