Access here alternative investment news about Us Inflation Outlook Continues To Run Hot | The Capital Spectator
LPNEWS

Us Inflation Outlook Continues To Run Hot | The Capital Spectator

by capitalspectator.com posted 3weeks ago 6 views
Anyone looking for a convincing signs that inflation’s peaking via tomorrow’s CPI report for October (Nov. 10) looks set to be disappointed. Economists are projecting that pricing pressure will turn higher, based on Econoday.com’s consensus point forecast. Headline consumer inflation is on track to rise 5.8% on a year-over-year basis, up from September’s 5.4% increase. If correct, the gain will mark a new pandemic peak, posting the hottest headline inflation since 2008 (using unadjusted data).

In this article