Economy · Explainer
US Inflation Ran Hotter Than Expected in October
Prices rose 0.4% in October against 0.3% expected, raising the odds of a December rate rise.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- Headline prices rose 0.4% in October; economists expected 0.3%.
- Core prices, without food and energy, rose 0.3% against 0.2% expected.
The Bureau of Labor Statistics did not publish a yearly rate this time, because last year’s government shutdown left no October 2025 figure to compare with, The Hill reported.
A monthly gain of 0.4% is faster than the Federal Reserve wants. It makes a rate rise at the December meeting more likely, and higher rates tend to weigh on gold and on stocks.
Kunkafa forecasts
Gold
How far it could move, which way, by when, and how confident Kunkafa is.
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