US INFLATION COMES IN HOTTER THAN EXPECTED IN OCTOBER US headline CPI rose 0.4% in October, above the 0.3% forecast, while core CPI increased 0.3% versus 0.2% expected. Food prices jumped 0.5%, energy rose 0.7%, and gasoline climbed 1.0%. Housing costs increased 0.3%, while real earnings for private-sector workers were unchanged. The hotter-than-expected inflation report strengthens the case for further Fed rate hikes.(彭博社)