WASHINGTON, D.C.: US consumer prices cooled in October but remained at decades-high levels, according to government data released on Thursday (Friday in Manila), keeping the pressure on President Joe Biden as his Democratic party struggles to retain control of Congress.
The closely watched report showed more evidence of rising costs, including a rebound in gasoline prices, in a year when surging inflation was at the top of voter concerns, and as Americans headed to the polls in this week's midterm elections.
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