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Inflation sank to its lowest level in more than two years last month, according to the Federal Reserve’s preferred measure released Thursday, as the ongoing dip in price increases fuels a sustained equity market rally.

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Key U.S. Inflation Metric Hits 2-Year Low Of 3.5% In October
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    Fed's Pet Inflation Metric Hits 2-Year Low Of 3.5%

    Fed's Pet Inflation Metric Hits 2-Year Low Of 3.5%

    Inflation sank to its lowest level in more than two years last month, according to the Federal Reserve’s preferred measure released Thursday, as the ongoing dip in price increases fuels a sustained equity market rally. Key Facts The core personal consumption expenditures price index, which tracks how …

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