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Breaking News: Inflation sped up in October, dashing Washington's hopes that gains would slow down. Consumer prices rose 6.2 percent last month from a year ago.

 
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BREAKING NEWS

Inflation sped up in October, dashing Washington's hopes that gains would slow down. Consumer prices rose 6.2 percent last month from a year ago.

Wednesday, November 10, 2021 8:45 AM EST

The surge in consumer prices came as fuel costs picked up, supply chains remained under pressure and rents moved higher — bad news for economic policymakers at the Federal Reserve and for President Biden.

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