The Consumer Price Index (CPI) report shows inflation rose slightly in October. The index rose 0.2% month over month and 2.6% from last year. The core reading, which strips out more volatile food and energy prices, rose 0.3% from September and 3.3% from a year ago. All of the readings were in line with the Bloomberg consensus estimates.

Morning Brief Anchors Seana Smith and Brad Smith report the breaking details.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Stephanie Mikulich.