The Consumer Price Index increased 0.4% in October after a 0.6% increase in September, according to a report released by the U.S. Bureau of Labor Statistics on Tuesday. Inflation came in hotter than expected, with economists predicting October prices would be up 0.3% month-over-month. The news is not good for American families continuing to struggle with affordability, and shows exactly why Republicans were obliterated in the midterm elections last week. The report also increases the likelihood that the Federal Reserve will raise interest rates again for the second time this year before year's end, with Fed governors stating they would watch the October CPI report to make a determination.
At least 10 US Air Force refuelling aircraft left a second airbase in Britain on Monday. Flight tracking data seen by BBC Verify shows the aircraft left RAF Mildenhall in Suffolk and landed at other American bases in Europe and also at Prestwick Airport in Ayrshire. The Wall Street Journal reported that this was in response to a threat from Iran but the BBC has not independently verified that claim. Monday's departures come weeks after the US withdrew its bombers from RAF Fairford airbase over a suspected Iran-linked security incident. Asked about Monday's flights, an MoD spokesperson told the BBC: "We do not routinely comment on the activity of other nations. Aircraft and other assets move regularly according to operational requirements." Using public tracking site Flightradar24 BBC Verify has been able to see USAF KC-135 tankers leaving Mildenhall throughout Monday.
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President Donald Trump on Monday questioned the legitimacy of the midterm election results ... read more
Cut and run Donnie flees again.