Consumer prices rise for first time in three months, a positive inflation sign for the Fed

Consumer prices rose last month for the first time since July, an inflation signal that could help push the Federal Reserve to increase a key interest rate

Consumer prices rose last month for the first time since July, an inflation signal that could help push the Federal Reserve to increase a key interest rate. The consumer price index increased 0.2 percent in October after a 0.2 percent decline the previous month, the Labor Department said Tuesday. The rise, driven by higher food and…

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