{"id":54507,"date":"2021-11-10T19:18:34","date_gmt":"2021-11-10T15:18:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54507"},"modified":"2021-11-10T19:18:42","modified_gmt":"2021-11-10T15:18:42","slug":"u-s-inflation-spiked-in-october","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-inflation-spiked-in-october\/11\/10\/market-updates\/","title":{"rendered":"U. S. Inflation spiked in October"},"content":{"rendered":"\n<p>Consumer inflation surged in October as fuel costs picked up, supply chains remained under pressure and rents moved higher. NYT said that it is bad news for economic Fed&#8217;s policymakers and for the White House, which had been emphasizing a recent slowdown in price gains.<br><br>Inflation picked up to 0.9 percent last month from September, a Labor Department report showed, faster than the prior month\u2019s increase of 0.4 percent and well above expectations. <br><br>Overall prices have climbed by 6.2 percent over the past 12 months, the fastest pace since 1990. The fresh data scupper a White House talking point.<\/p>\n\n\n\n<p><br>Officials had regularly pointed out that while price gains were faster than usual, at least they were slowing down from rapid summer readings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer inflation surged in October as fuel costs picked up, supply chains remained under pressure and rents moved higher. NYT said that it is bad news for economic Fed&#8217;s policymakers and for the White House, which had been emphasizing a recent slowdown in price gains.Inflation picked up to 0.9 percent last month from September, a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,39,36],"tags":[6885,6987,7723,6891,7533],"class_list":["post-54507","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-global-stock-markets","category-market-updates","tag-fed","tag-inflation","tag-labor-department","tag-prices","tag-white-house"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54507"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54507\/revisions"}],"predecessor-version":[{"id":54556,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54507\/revisions\/54556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32893"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}