U.S. CPI is lower than expected, hitting lowest level since July

The U.S. non-seasonally adjusted CPI recorded an annual rate of 3.2% in October, the lowest since July this year. The seasonally adjusted monthly CPI rate in the United States recorded 0% in October, the lowest since July 2022. The non-seasonally adjusted core CPI in the United States recorded an annual rate of 4% in October, the lowest since September 2021. The U.S. core CPI recorded a monthly rate of 0.2% in October, the lowest since July this year. The three major U.S. stock index futures rose in the short term, all rising by more than 1%. U.S. Treasury yields fell at least 10 basis points across the board. (Golden Ten)