How long could inflation last in the US?
4:02
(CNN) --
US consumer prices rose 7.7% in the year to October, according to data released Thursday, showing the Federal Reserve still has a ways to go in its battle. to control inflation.
The Consumer Price Index, which measures changes in the prices of a variety of consumer goods and services, had measured 8.2% in September.
US stock futures soared immediately with Dow futures up more than 750 points, or 2.5%.
This story will be updated.
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Consumer price index US inflation