Economists: Inflation May Have Peaked

National Mortgage Professional, Nov. 10, 2022–David Krechevsky
By any measure annual inflation is still high, but it pulled back more than expected in October, leading some economists to say inflation may have peaked. The Bureau of Labor Statistics on Thursday reported that the consumer price index rose 0.4% on a seasonally adjusted basis in October from a month earlier, matching the increase in September.
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