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The New York Sun
Economy

Inflation Dips to 3.2 Percent in October as Interest Rate Hikes Cool Economy

It’s the smallest year-over-year increase since June, though core inflation is running at 4 percent, twice as high as the Fed’s inflation goal.

AP/David Zalubowski
A Costco at Sheridan, Colorado, on August 23, 2023. AP/David Zalubowski