US CPI inflation data released
The gist
US October headline CPI rose 0.4% month-on-month, above the 0.3% forecast.
The report omits annual inflation rates, muddying the Fed's rate-hike calculus.
How it unfolded
- Nov 9, 2026MUFG Research notes the US dollar index rose back above 102.00 after mid-term election results; October nonfarm payrolls showed 159k added with 84k in upward revisions.
- Nov 10, 2026BLS publishes October CPI at 8:30 ET, with consensus at +0.3% month-on-month headline and +0.2% core.
- Nov 10, 2026The report excludes 12-month percentage changes for most CPI series because October 2025 data were not collected during the 2025 shutdown.
Key terms
- CPI
- A statistical measure of the average change in prices paid by households for a basket of consumer goods and services.
- core
- A measure of inflation that strips out volatile items to show the underlying long-term price trend.
- FOMC
- A committee within the Federal Reserve System that oversees open market operations and decides key interest rate and money supply policies.
Source: Wikipedia