Forecasters expect a monthly report on US consumer prices to show a third month of firm underlying inflation, keeping the pace of Federal Reserve interest-rate cuts in the coming months up for debate.
The so-called core consumer price index that excludes food and energy is seen rising 0.3% in October while the overall index advanced 0.2%, according to the median estimates in a Bloomberg survey. The CPI report is scheduled to be published Wednesday by the Bureau of Labor Statistics.
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