October Sees Inflation Surge, Impacting Markets Ahead of Thanksgiving
TL;DR Summary
The Personal Consumption Expenditures (PCE) price index, a key measure of inflation, accelerated in October, indicating rising inflationary pressures in the economy.
- The Fed’s Favorite Inflation Measure Sped Up in October The New York Times
- Nasdaq drops the day before Thanksgiving as Nvidia, Dell slide: Live updates CNBC
- US consumer price increases accelerated last month with inflation pressures resilient The Associated Press
- PCE Inflation Report: October Price Growth Remained Stubborn Barron's
- Soft landing? Not so fast: Inflation heated back up in October CNN
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