AI Data Insight

The latest US seasonally adjusted Q3 CPI reached 332.813, a mild monthly increase of about 0.1% from the previous reading of 332.568, in line with market consensus. Driven by the pullback in energy prices, the annual inflation rate successfully slowed to 3.4%, which not only eased concerns of an inflationary spiral but also provided more leeway for the Federal Reserve's future monetary policy.

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