U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%

मुख्य बातें

• The United States Consumer Price Index increased by 0.4% in October, coming in stronger than market expectations.
• Meanwhile, the core CPI rate rose by 0.3% over the same period.
• Prior to the release of these official figures, financial market traders had already fully priced in an interest rate hike by the Federal Reserve for its upcoming December meeting.

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