Consumer prices in the US rose 7.7% in October. The Fed still has a long way to go

Consumer prices in the US rose 7.7% in October. The Fed still has a long way to go

Consumer prices in the US rose 7.7% in October. The Fed still has a long way to go

Summary : Consumer prices in the US rose 7.7% in October. The Fed still has a long way to go.

Consumer prices rose 7.7% for the year ending in October, according to data released Thursday, showing that the Federal Reserve still has far to go in its battle to tame inflation.

The Consumer Price Index, which measures the changes in prices for a variety of consumer goods and services, measured 8.2% in September.

Consumer prices rose 7.7% for the year ending in October , according to data released Thursday , showing that the Federal Reserve still has far to go in its battle to tame inflation .The Consumer Price Index, which measures the changes in prices for a variety of consumer goods and services , measured 8.2% in September .

This story is developing and will be updated.

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