Above, a woman shops at a grocery store in the Brooklyn borough of New York City. (Photo by Spencer Platt/Getty Images)
Underlying inflation pressures pushed higher in October, even as falling gasoline prices kept overall consumer prices in check. "Inflation, while below the Fed's target, is certainly not 'too low,' today's flat headline reading furthers the debate surrounding potential Fed activity," said Dan Greenhaus, chief strategist at BTIG in New York. [Full Story]
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