The Fed's Open Market Committee meets Tuesday morning, with world markets anticipating another incremental interest-rate cut. The latest figures on US inflation certainly shouldn't stop the Fed from trimming rates: The consumer price index increased by 0.2 percent in October, matching private forecasts. For the year ended in October, the CPI overall was up just 1.5 percent.
Inflation Watch
The Fed's Open Market Committee meets Tuesday morning, with world markets anticipating another incremental interest-rate cut. The latest figures on US inflation certainly shouldn't stop the Fed from trimming rates: The consumer price index increased by 0.2 percent in October, matching private forecasts. For the year ended in October, the CPI overall was up just 1.5 percent.
