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US inflation cooled in October by more than expected, offering hope that the Federal Reserve will slow down their steep interest-rate hikes. The consumer price index was up 7.7% from a year earlier, which is the smallest annual advance since the start of the year. On Money in the Market, Sani Hamid, Director for Wealth Management, Financial Alliance, joins us to tells us more about what the inflation data mean.
See omnystudio.com/listener for privacy information.
US inflation cooled in October by more than expected, offering hope that the Federal Reserve will slow down their steep interest-rate hikes. The consumer price index was up 7.7% from a year earlier, which is the smallest annual advance since the start of the year. On Money in the Market, Sani Hamid, Director for Wealth Management, Financial Alliance, joins us to tells us more about what the inflation data mean.
See omnystudio.com/listener for privacy information.
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