US Inflation Holds Steady at 2.6%, Signaling Economic Stability

Washington D.C., Wednesday, 13 November 2024.
The US inflation rate reached 2.6% in October 2024, aligning with expectations. This marks the first increase in seven months, driven by slower declines in energy costs and steady shelter inflation. Core inflation remained at 3.3%, suggesting a stable economic environment closely watched by investors and policymakers.