While inflation was hotter than expected last month, annual Core CPI (which removes food and energy prices) reached a 2-year low of 4.1% - well below the 2022 peak of 6.6%. The Fed is looking for signs that its rate hikes are curbing inflation. Will this be enough progress for another pause at their Nov. 1 meeting? #cpi #inflation #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow