Trump claimed Friday: “We have almost no inflation. We’re down now to 2%.” He said at the same event: “Inflation is almost nonexistent.” Those claims are slightly more accurate than Trump’s late-October claims that “we don’t have any inflation” and that “we’re down to 2%, even less than 2%.” But the new claims are still wrong.

India’s inflation rate fell to a record low in October, driven by a sharp drop in food prices, prompting economists to predict more aggressive interest rate cuts.

Chancellor has been pushing cabinet ministers to find ways to reduce financial pressure on households ahead of Budget

Median rents in the city rose sharply year over year and stayed largely flat month over month in October, the latest sign that apartment hunters should expect only modest relief on prices even after the end of the busy summer season.

Federal Reserve Bank of St. Louis President Alberto Musalem said officials should move cautiously with further interest rate reductions with inflation running above the central bank’s 2% target.

Since the Fed’s rate cut at the end of October, the entire yield curve from the 3-month Treasury yield to the 30-year Treasury yield has risen. Mortgage rates have risen too. Read more here.

India's retail inflation slumped to a record low of 0.25% in October, driven by a sharp fall in food prices and tax cuts on consumer goods, paving the way for a rate cut by the central bank in December.

India's record-low inflation rate is due to a high base effect—food inflation had soared last year—even as household items became cheaper due to GST rate cuts.| Business News