NEW YORK (TheStreet) -- Inflation will be in focus during Wednesday's trading session, with the latest consumer price index due for release early in the day.
Inflation on the consumer level is an important topic for investors, as debate rages over when it will be an appropriate time for the Federal Reserve to begin raising interest rates. As it stands, economists are expecting the consumer price index report, due for release at 8:30 a.m. EST, will show that inflation rose 0.2% in October after a 0.2% increase in September.
The core CPI number, which excludes food and energy, should rise 0.1% in October after a 0.2% increase the month prior, indicating that inflation has remained relatively contained.
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