# US Consumer Prices Rise More Than Expected in October

> US consumer prices rose more than expected in October, pushing the Federal Reserve toward a rate hike next month.
- Title: US Consumer Prices Rise More Than Expected in October
- Summary: US consumer prices rose more than expected in October, pushing the Federal Reserve toward a rate hike next month.
- Keywords: us consumer prices, federal reserve, inflation, interest rates, oil prices, trump tariffs, consumer price index, CNN Brasil
- Source: CNN Brasil — https://cnnbrasil.com.br/economia/money/macroeconomia/precos-ao-consumidor-nos-eua-sobem-mais-que-o-esperado-em-outubro
- Author: Lucia Mutikani
- Published: 2026-11-10T15:16:40+00:00
- Read time: 1 min
- Topics: us consumer prices, federal reserve, inflation, interest rates, oil prices, trump tariffs, consumer price index, news
## October Consumer Prices
US consumer prices rose 0.4% in October, exceeding economists' 0.3% forecast.
## Inflation Drivers
The US-Israel-Iran war and Trump-era tariffs boosted oil prices, raising living costs.
## Federal Reserve Response
Markets already priced in a 25 basis point rate hike next month as the Fed kept rates at 3.75% to 4.00%.
## Key takeaway

US consumer prices rose 0.4% in October, exceeding economists' 0.3% forecast, as oil prices and Trump-era tariffs boosted inflation.