In October, the US inflation rate accelerated to 2.6%, up from 2.4% in September, as reported by the US Department of Labor. This increase comes after six months of decline, driven primarily by rising housing costs, used car prices, and airfare. Despite the uptick, experts do not predict a sustained inflation trend. The core inflation rate, excluding volatile food and energy prices, remains steady at 3.3%. The Federal Reserve recently lowered interest rates by 0.25 percentage points, with another cut anticipated in December, though upcoming political shifts may complicate future monetary policy.