Headlines: Thursday 10 November 2022
– CPI inflation data for October shows annualised price increases at 7.7%
– Biden hails CPI report: “My economic plan is showing results“
– Inflation rate falls from 8.2% in September, a 0.5-point drop
– Inflation a key issue in Tuesday’s US midterm elections, though other issues seem to have been as important
– US stocks fall amid tightly contested elections
– Biden: Inflation would get worse under GOP-led Congress
– Unemployment up slightly to 3.7% in October, BLS said on Friday
– Federal Reserve raised interest rates by another 0.75% last week
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