The annual rate of fell in October to 3.2 percent - a positive sign that inflation is on its way down and an era of relentless interest rate hikes may be over.But figures released Tuesday by the US Bureau of Labor Statistics revealed that on a monthly basis, between September and October, prices held approximately steady.That is a drop from the monthly increase of 0.4 percent in September, and a promising sign for the which has been trying to control inflation with historic interest rate hikes.
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